Advantages Of Having Your Prenuptial Agreement

With regards to the tradition of nuptials or marriage, couple would take part in marriage because of the shared feelings, they love one another, wish to have children and family, without any conversation of properties, instead, love, sharing and understanding. After some time, couple encounter problems, trials, financial uncertainty so they would find themselves being counseled due this cause. That's the reason why currently people would incorporate the prenuptial agreement. It's only been applied not too long ago but it's actually already been implemented since 1916.

A prenuptial agreement is a contract or agreement established by two people just before marriage. The agreement consists of terms such as splitting of property and spousal support in the instance of divorce or breakup of marriage. There are many reasons why people pick this type of relationship, a few are to maintain their wealth in the family, financial purposes, inheritance, literally business etc. What are the advantages and down sides? Is it actually the solution to have a productive wedded life? The advantages are less legal fees, insurance for the wealth of the first children, security of family, this agreement could be made either in a marriage or before or soon after anticipation of separation, and gives heirloom and business coverage against creditor. While the down sides, there is unsecure child support, and elimination of alimony (in a few states).

Although some prenuptial agreements are profitable we cannot avoid the undeniable fact that a few agreements still fail and lead to a divorce. Psychologically it has an effect on children, stressful or painful effect on the part of a child. As an adult, a couple must think about the opinion, feelings of these children. Being married isn't just a pleasure of the flesh but lots of sacrifices, responsibility, and training their children on how to be a good person. A Wiseman says, marriage is compared to dancing a “Tango”, which will take “two to tango”. (it may need two persons to dance the tango, and without the cooperation of the two parties the dance will not be effective”.)

Some results of unsuccessful prenuptial agreement: a child will always become involved in troubles, drugs, many vices, they are in search of satisfaction in those, and some are into illegal transaction; these are generally the results of such. According to study these are generally the types of prenuptial agreement: 1. A financial agreement applied to deal with couples' financial inequalities; 2. Financial agreement made during a marriage - this can be before or after separation and even during a marriage; 3. A financial agreement that's made after divorce has been obtained.

And with regards to de facto relationships: 1. A financial agreement used when couples are looking forward to a de facto relationship; 2. Financial agreement made in a de facto relationship; 3. Financial agreement made after de facto relationships comes to an end.


Choosing a prenuptial agreement isn't a problem. Learn about prenuptial through our articles.