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Do you know how a prenuptial agreement can protect you?

With so much going on before your wedding day, it's easy to overlook the importance of considering the creation of a prenuptial agreement.

However, if you find time to discuss this with your partner before you tie the knot, you may each come to realize that a prenup can benefit you both.

A prenuptial agreement can protect you in many ways, including the following:

  • Assets you bring into the marriage: If you're bringing valuable assets into the marriage, such as an inheritance, you may want to keep it separate from your spouse. Doing so allows it to avoid division in the event of a divorce.
  • Protect you from debt: If your soon to be spouse is buried in debt, such as that related to credit cards, you don't want to be responsible for paying it back should you divorce.
  • Protect children from another relationship: Just because you're getting married doesn't mean you don't have a past. If you have children from a past relationship, you need to protect them. You can use a prenuptial agreement to do so, such as by outlining their inheritance rights.

Once you fully understand how a prenuptial agreement can protect you, it's easier to discuss this with your partner and decide together if it's the right choice for the two of you.

A prenuptial agreement isn't right for every couple, but you'll never know for sure until you have an honest conversation about the pros and cons. If you're both on board, learn more about the process and how to ensure that your prenuptial agreement is valid.

 

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