To some couples, there are no two words that are more of a buzzkill than prenuptial agreement, and you or your future spouse may feel that it shows a lack of faith in your relationship. The truth however, is that for every 1,000 marriages in the U.S. during a one-year period, 19 of them ended in divorce, according to the National Center for Family & Marriage Research. In spite of these kinds of statistics, it is natural to believe lasting love will get you through the hard times. While you may not want to think about it, entering into this contract with your future spouse may actually strengthen your marriage and provide you with support during those difficulties. Check out these five important reasons to create a prenuptial agreement.
If you're considering a divorce, one thing that may deeply concern you is the thought of spousal or partner support-what was previously called alimony. Whether you'll potentially have to pay your ex-spouse or receive support from him or her, you probably have a lot of trepidation about going forward with your divorce before you know what those future dollar figures could be.
Every divorce is different, but one thing is a constant: it's extremely complicated. You undoubtedly share property, including a house, you may share children and you may also be partners in a business you started together. All of this has to be carefully considered, planned for and settled fairly and amicably for you to move on with your personal and professional life.