Why Some People Sign Prenups

Prenups or prenuptial agreements - this topic isn't discussed very much but for some couples, it can serve as a perfect solution to certain dilemmas. To be clear, a prenuptial agreement is an agreement a couple will put in place before the marriage takes place that states who owns certain assets. This agreement can protect your assets in the event that your marriage ends in a divorce. This agreement isn't for everyone but for those of you who are considering it, you should know the facts. Keep reading this week's blog for a few reasons why some people may sign prenuptial agreements. If you would like to learn more about prenups, please call our attorneys at the Lake of the Ozarks today. Gibbons Law Firm can be reached at (573) 348-2211 for your free consultation.

Why Some People Sign Prenups

MAKE DIVORCE EASIER IF IT DOES HAPPEN.
A prenup can have all assets, debts, and other factors split up before you even enter into marriage. This can help to fairly disperse all belongings and make the divorce process less stressful.

EASE YOUR CONCERNS WHEN ENTERING INTO A SECOND MARRIAGE.
Children, support obligations, and a home with a previous spouse can all affect your second marriage. It's important to protect your assets and help to make sure your financial burdens stay your own if your next marriage does not work out.

PROTECT YOURSELF IF YOU'RE MARRYING SOMEONE WITH A TON OF DEBT.
When you marry someone, you can be partially responsible for their financial debt. If your marriage ends, you may be stuck with part of this debt load, even if you did not help accrue it. A prenup can help to make sure you are not burdened with debt that is not yours.

PROTECT YOURSELF IN THE EVENT YOU DIVORCE WHILE YOU HAVE NO JOB BECAUSE YOU'RE TAKING CARE OF THE CHILDREN.
If you plan to quit your job to start raising children, it can impact your income in a major way. A prenup can help to ensure that the financial burden of raising the children is shared fairly by both partners.

MAKE SURE YOU'RE NOT FINANCIALLY TAKEN ADVANTAGE OF.
If you or your partner has substantially more money than the other, a prenup can help to protect your assets. This can also help ensure that someone is not marrying you for your money, and for who you are. It's important to protect your assets when you enter into a marriage.

Are You Considering Signing a Prenup?

If so, we urge you to speak to an experienced lawyer in Mid-MO first before doing anything. Understand what you're getting into first and really figure out if this is the right decision for you your future spouse. If it is, Gibbons Law Firm can help you. We can be reached at the phone number listed below. You can also follow us on our social media platforms listed below to stay up to date on our latest announcements.


Remember, your initial consultation with Gibbons Law Firm is always free.

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Gibbons Law Firm

2820 Bagnell Dam Blvd, Suite B4

Lake Ozark, MO 65049

(573) 348-2211

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