Prenuptial Agreement Factors to Consider

Getting married but aren't sure about signing a prenuptial agreement? If that is the case, there are four factors you should consider before making that very important decision. First, consider the age of both you and your partner. If you are getting married later in life, you may want to seriously consider signing a prenuptial agreement. Chances are you have more assets, stocks, property and valuables that you will want to keep in your name in the case of a divorce. If you have a significant amount of assets, a prenuptial agreement is vital to ensuring that they remain in your name, or in the names of your children.

If you and your future spouse have very different incomes, the party with the larger income may want to sign the prenuptial agreement. However, the party with the smaller income may also want to sign the agreement to ensure that he or she is not left empty-handed. When either party is bringing children from a previous marriage, a prenuptial agreement can protect their futures as well. Curious about how a marital contract can protect your assets? Take the time to consult a family lawyer near you.