A prenuptial agreement can promote honesty

On Behalf of | May 13, 2022 | Family Law |

There are many misconceptions in circulation about prenuptial agreements. Some people view them as a sign of mistrust or that the marriage is over before it starts.

This is not necessarily the case, though. Many couples go on to have perfectly happy marriages after signing a prenup. Prenups can promote honesty, especially around finances, and here’s why:

Everything is disclosed

In the early stages of a relationship, it may not be necessary or appropriate to provide full disclosure about finances. However, marriage is a different proposition, and full disclosure is necessary. A prenuptial agreement offers couples the chance to let one another know exactly where they stand and how much they own. Financial dishonesty is one of the more common reasons for divorce, so it can benefit couples greatly to get everything out in the open as early as possible.

Intentions can be made clear

Both partners may have been financially independent for years and have obtained great success, running multiple businesses. Without a prenuptial agreement, businesses could end up being shared in the event of a divorce, which would not suit either party. A prenuptial agreement allows couples to clarify their intentions and retain some independence over their business matters.

Protecting your rights

While a prenuptial agreement can be a useful tool in protecting your legal rights, these documents cannot be unjust. You should never be forced into signing an agreement that goes against your best interests.

If you feel that your legal rights have been jeopardized, you can bring a challenge to the courts. For a more favorable outcome, make sure you’ve sought some guidance regarding the options you have at your disposal.

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