If you are planning on entering into marriage in the near future, you likely have a lot on your plate right now. Perhaps your wedding has been postponed due to measures designed to reduce the spread of the coronavirus (COVID-19), and you’re finding yourself putting your celebration on hold until you can safely gather together. Or, maybe you are busy handling all of the details of your wedding, from sending invitations to creating a bridal registry. 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.
An Opportunity to Connect
While some people may assume that only couples with significant assets or who are convinced that their marriage will eventually fail enter into prenuptial agreements, this is a common misconception. Instead of focusing on how this document “dooms” your marriage to failure, 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 important and sensitive topics. In fact, couples that go through the process of drafting a prenuptial agreement together before walking down the aisle often report feeling grateful for this opportunity to collaborate and share their perspectives with one another.
Vulnerability Cultivates Strength
Part of creating a prenuptial agreement requires sharing the details of your financial history with one another. 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 ultimately strengthen your relationship. Once you’ve both disclosed these important aspects of your financial realities, you can begin your union with a sense of trust. If you and your partner never take the time to address these topics head-on, major arguments or disputes could arise in the future.
A Customized Approach
When it comes to drafting a prenuptial agreement, it’s important to recognize that you have options. You and your future spouse can customize the document to address aspects that you believe are important to your unique situation. To learn more about how a prenuptial agreement can give you the protections you need, contact Garretson & Holcomb, LLC today at (513) 863-6600 to speak with an experienced and compassionate attorney.