Getting married in Jefferson County means you are entering into a binding contract, which is a big decision. While it’s not fun to think about the what-ifs, it’s important to have all your ducks in a row to make sure you are protected no matter what situation you find yourself in. This is where a prenuptial agreement comes into place. Some feel guilty even considering asking about a pre-nup, worrying that their partner will think they are planning for the marriage not to work or that they are having second thoughts. But, honestly, a prenuptial agreement is an added layer of protection for both parties and if you can remove the emotionality behind it, it’s a smart legal move.
Five Reasons You Should Get a Prenup Before Your Arvada or Wheat Ridge Wedding
Thinking about getting a prenuptial agreement before your wedding? Here are five reasons why it’s a good idea:
1. Your significant other has debt: You want to make sure that your finances are protected from the start- meaning you don’t want to be responsible for debt that your partner took on before the marriage. This doesn’t mean that you wont help pay it off as time goes one and you combine finances, it just means that it won’t be your responsibility if you get a divorce down the line.
2. This is not your first marriage: If you have a former spouse and children with that person, you have a financial obligation to them. You want to make sure that your finances are set up to meet these responsibilities without question.
3. Your children will get an inheritance: If you have financial plans to give your children an inheritance, a prenup can address that and make sure that the money designated for your children is saved solely for that purpose.
4. You are a business owner: A prenup can help keep your business and personal finances separate. That way your business will not be a part of your divorce if it ever came to that.
5. You want protection for you and your family if you can’t provide for them: If something happens where you are disabled, you want to make sure that both you and your family are taken care of.