What if it ends in tears? Protect your assets with a
prenuptial agreement.
"With all my worldly goods I thee endow except for ...
and ... and ... and ..."
Should I Have A Prenuptial Agreement Before We Get Married?
Well, that’s a good question! Only you can decide whether or not
this will work for your particular circumstances.
Robert is engaged to Janet. They’re planning on getting married in a
few months. Janet has several pieces of property, numerous investment
accounts and is worth millions of dollars. She’s been dating Robert
for almost five years prior to his proposal of marriage. She’s decided
that she wants a prenuptial agreement prior to marrying Robert, but,
is unsure how to tell him. Janet doesn’t want to hurt Robert’s
feelings, but she knows that she should protect herself prior to
marriage.
Ginger and William are getting married early next year. They’ve been
dating for six months. William owns several businesses, properties and
other investments. His net worth is two billion dollars.
He loves Ginger with all his heart and trusts her. William has told
his attorney to start working on preparing a prenuptial agreement for
him and Ginger. He has been trying to figure out how he’s going to
tell Ginger about the prenup without upsetting her.
You say that you have assets such as property, retirement ,savings,
and other investments that you would like to protect. You don’t want
your assets to be part of the marital pie. You trust your future
spouse but still want to protect the assets your have acquired before
the marriage.
You’re just not sure how to discuss this subject with your future
spouse without possibly offending them. Here are five tips on what you
may want to tell your future spouse:
- Your accountant is recommending that you keep your assets before
the marriage separate. Blame it on your accountant!
- If you have children from a prior relationship, you may want your
children to have the assets you acquired before the marriage.
- You just want to protect your assets prior to the marriage in case
of future problems with the marriage.
- Your assets before the marriage may be for a relative or
beneficiary that you want to benefit from your assets.
- You simply want the both of you to start fresh and develop your
assets together as a newly married couple.
Don’t let the issue of a prenuptial agreement be a deflator to your
relationship and create a level of distrust. Explain in detail to your
future spouse the reason you would like a prenuptial agreement and
everything between the two of you will probably work out in the end
just fine.
If you decide that you want a prenuptial agreement with your future
spouse, make sure you ease into discussing this subject. You know your
future spouse’s feelings and emotions better than anyone else! You may
even suggest that you both have a prenuptial agreement.
Copyright
2006 Nocita Carter
About the author
Nocita Carter is a writer and web designer that creates websites
providing informative tips on various subject matter including personal
finance tips on your personal finances at
www.personal-finance-tips-for-you.com
Source:
www.articlecube.com