Recently Engaged? Reasons to Establish a Prenuptial Agreement
A prenuptial agreement comes with a negative stigma and it shouldn’t. There are a number of benefits that protect both parties involved in the marriage. Our attorney in Camden County, MO wants to help shake that negative image prenuptial agreements often carry. We’re pointing out some of the reasons establishing a prenuptial agreement near the Lake of the Ozarks can be beneficial to you as you enter into marriage. Protect Non-marital Assets. When one person in a marriage brings significantly more assets into the marriage than the other, like a house or a growing retirement account, problems dividing them up can emerge if the marriage ends. It’s best to decide in advance how any increase in the value of these assets will be divided, and if they are not going to be divided, to protect them with a prenuptial agreement. Having a prenup in place can also pre-determine any maintenance, formerly known as “alimony” that will be paid out in the event of a divorce. Having these details ag...