Planning for a wedding and marriage is an exciting time and one that is also an excellent opportunity to examine potential future scenarios with your significant other. While you’re busy sending out invitations and setting up a registry, it’s also the right time to consider future financial and personal obligations.
Whether this is your first marriage or your third, it’s worth taking some time to consider the benefits of a prenuptial agreement. If you and your soon-to-be spouse are hoping to protect your future, no matter what it may hold, a prenuptial agreement offers you the flexibility and security you need to begin your new path with confidence.
Personal Benefits of a Prenuptial Agreement
While some people may assume that only couples with significant assets or a negative marital outlook enter into prenuptial agreements, this is a common myth. Instead of focusing on how this document “dooms” your marriage to fail, it’s worth reframing your mindset to see it as an opportunity to discuss your values, goals, and vision for the future with your future spouse. You’ll have the chance to share your views on your spending and saving habits, paying off debts, and other essential topics. Couples who go through drafting a prenuptial agreement together before walking down the aisle often report feeling grateful for this opportunity to collaborate and share their perspectives, leading to a more robust and healthier marriage.
Discussing Important Financial Details
Creating a prenuptial agreement requires both spouses to share financial details previously unshared. While it may be embarrassing to disclose how much student debt you’ve acquired, being honest and transparent with your partner before you enter into marriage together can only serve to strengthen your relationship. Once you’ve both disclosed these essential aspects of your financial realities, you can begin your union with a sense of trust. A prenup can also help outline you and your spouse’s specific financial responsibilities should unforeseen circumstances or a divorce arise.
A Customized Approach for Prenups in Ohio
When it comes to drafting a prenuptial agreement, it’s important to know you have options. You and your future spouse can customize the document to address aspects essential and pertinent to your happy future as a married couple.
To learn more about how a prenuptial agreement can give you the protection you need, contact Garretson & Holcomb, LLC today at (513) 863-6600 to speak with an experienced and compassionate family law attorney.