Pros and Cons of Using a Prenuptial Agreement

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What is a Prenuptial Agreement?

A prenuptial agreement is basically a contract signed by a couple before they enter into marriage with one another.  It is sometimes called a “prenup”, pre-marital agreement, or an ante-nuptial agreement.  It mostly covers property distribution in the event that the couple divorces.  However, it can also cover other issues involved in the relationship. 

Most couples will create a prenuptial agreement if either partner:

Prenuptial agreements must usually be in writing in order to be enforceable. 

What are the Pros and Cons of Using a Prenuptial Agreement?

Although prenuptial agreements are becoming more commonplace, some couples may be hesitant to create one.  When deciding whether to use a prenuptial agreement, it helps to consider the pros and cons associated with them. 

Some advantages of prenuptial agreements can include:

Disadvantages of a prenuptial agreement may include:

Thus, a couple should weigh the various pros and cons of prenuptial agreements.  Should they decide to create one, it can be helpful to hire a lawyer to help with a process- the laws governing property ownership in a marriage can vary widely by state.

Should I Get a Lawyer for Help With a Prenuptial Agreement?

Prenuptial agreements are becoming a common aspect of marital arrangements today.  If you need assistance in drafting a prenuptial agreement, an experienced family lawyer in your area can help you.  Or, if you are having a legal dispute involving a prenuptial agreement, your attorney will be able to defend your interests in a court of law.

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Last Modified: 04-23-2012 03:18 PM PDT

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