Had Paul McCartney had a prenuptial agreement, he most likely would have saved millions of dollars in his divorce settlement ― and his now-ex-wife would still have been well taken care of.
While you and your fiancé no doubt have very different financial pictures than Paul McCartney and his former wife, you may want to consider a prenuptial agreement if any of the following factors apply in your coming marriage:
- You or your wife-to-be or husband-to-be shares ownership in a business that requires partners to get prenups to protect the business.
- You or your finance/fiancée is sole owner of a small business, and you want to keep assets and liabilities of that business separate from the marital estate.
- It is a second marriage for either of you and there are children from a first marriage for whom you want to safeguard a future inheritance.
- Either of you expects to receive a major inheritance during the marriage.
- You both have significant assets and careers and, although you expect never to divorce, believe it to be in your best interest to clarify financial expectations through an enforceable contract (prenuptial agreement).
Of course, some people find the idea of a prenuptial agreement to be threatening to the covenant of marriage that they are preparing to enter into. They don't like the idea of predicting a possible divorce before the marriage even begins. Other couples find it freeing to remove money from the equation of a marital relationship by way of a prenup. Negotiating a premarital agreement may in fact be considered a form of premarital education or counseling.
If, on the other hand, you and your spouse are reconciling after a time of marital discord and wish to include a postnuptial agreement in your reconciliation, contact Andrew D. Washor, P.A., to schedule a free initial consultation. Discuss the pros and cons and ins and outs of prenuptial or postnuptial agreements in Florida with an experienced family law attorney. Learn what it takes to make a prenup or postnup enforceable, and also how to challenge a prenup or postnup if you are preparing for divorce.