Easy Questions  
Free Legal Documents

Pros and Cons of a Pre-Nuptial Agreement in Adolph, MN

Pros and Cons of a Pre-Nuptial Agreement in Adolph, MN


We have the greatest pre-nuptial agreement in the world. It's called love.
 
- Gene Perret


Engaged couples may be on cloud nine with wedding planning and honeymoon prospects and the very idea of a prenup may seem like the ultimate romance killer. But just because divorce isn't foreseeable doesn't mean a couple shouldn't be aware of their individual and combined assets, debt, cash flow and net worth. Actually, divorce is the true romance killer. Surveys indicate that the leading causes of divorce are communication problems, followed by sexual infidelity and not spending enough time together. A prenup may not make you more likely to get divorced. It may lay a foundation for open and transparent communication that can be the bedrock of a strong marriage.

Signing a prenuptial agreement can have its advantages and challenges. In order to understand further the purpose of this document, it would help to see and assess the benefits and drawbacks:

Benefits of a Prenuptial Agreement

• Separately owned property is protected

• Prenup can provide estate planning support

• It clearly identifies what property is considered individual vs. marital or community

• It can reduce conflict and expense in the case of a future divorce


Having a prenup can actually pave the way for practicing open communication with your spouse. Some people may think that discussing money matters can lead to conflict when the exact opposite may be the case. Being frank and open about money and property can help eliminate misunderstandings and support good communication in a marriage.

Talking about money does not only happen only during the creation of a prenup, it can actually happen during the entire course of married life. Handling it early in the relationship can be a good sign that the couple can handle these topics and that both of them are level headed enough when it comes to money and property.


Disadvantages of a Prenuptial Agreement

• It's not romantic. Let's face it. It is kind of uncomfortable to talk about the possibility of your union ending in separation or divorce. Also, discussing money and property can be a hindrance to the couple enjoying the engagement period before the wedding

• Timing is essential. Discussing issues about money management, responsibility for debts, property rights and estate planning can be stressful and unpleasant at any time. Doing it early in the relationship can make it all the more stressful.

• State law protection. The existing state laws regarding the property rights of married individuals indicate the ownership of what you accumulate together during the course of marriage and a prenup cannot override state law. However, the prenup can address individual property accumulated prior to the marriage.

 
Personalize & Print a Free MN Premarital Download this Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Related Legal Services near Adolph, MN
Walsh & Gaertner, P.A.
24 4th St E
Saint Paul, MN 55101
(651) 228-9968
Criminal Law Attorneys,  Family Law Attorneys,  Social Security & Disability Law Attorneys,  Persona
Sunray Law Office
PO Box 67
Brainerd, MN 56401
(218) 270-9938
Attorneys, General Practice Attorneys, Legal Service Plans
Austin Advocacy and Law Center
212 2nd Ave N
Minneapolis, MN 55401
(612) 200-9919
General Practice Attorneys, Attorneys, Legal Service Plans
McNeilly Law Firm
333 Washington Ave N Ste 300
Minneapolis, MN 55401
(612) 349-9866
Attorneys, Legal Service Plans, Criminal Law Attorneys, Juvenile Law Attorneys, Corporation & Partne
Nolen Law Office
333 Washington Ave N Ste 300
Minneapolis, MN 55401
(612) 373-9844
General Practice Attorneys, Attorneys
Minnesota Disability Law Center
12 Civic Center Plz Ste 3000A
Mankato, MN 56001
(507) 389-9826
Attorneys, General Practice Attorneys, Legal Service Plans
Cutshall Law Offices PA
333 Washington Ave N Ste 317
Minneapolis, MN 55401
(612) 373-9818
Attorneys, General Practice Attorneys, Legal Service Plans
Kitzmann Stuart J
916 Washington Ave
Detroit Lakes, MN 56501
(218) 846-9712
Attorneys,  Family Law Attorneys,  DUI & DWI Attorneys,  General Practice Attorneys,  Legal Service
Fitzpatrick Thomas A
411 Front St
Brainerd, MN 56401
(218) 829-9692
Attorneys,  Labor & Employment Law Attorneys,  Corporation & Partnership Law Attorneys,  Real Estate
Western Minnesota Legal Svc
415 7th St SW
Willmar, MN 56201
(320) 235-9600
Attorneys, Legal Service Plans
Cooper Law Firm
1201 Yale Place-Loving Grn E, Bldg Ste
Minneapolis, MN 55401
(651) 225-9559
Attorneys, General Practice Attorneys, Legal Service Plans
Koslow & Associates In Butler Square Bldg
123 N 3rd St
Minneapolis, MN 55401
(612) 252-9488
Attorneys, Legal Service Plans
Anderson Gwen M
803 W Saint Germain St
Saint Cloud, MN 56301
(320) 240-9423
Attorneys, Legal Service Plans
Jeddeloh & Snyder PA
803 W Saint Germain St Germain
Saint Cloud, MN 56301
(320) 240-9423
Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Wills, Trusts & Esta
Bethel and Associates
336 Robert St N
Saint Paul, MN 55101
(651) 292-9406
Corporation & Partnership Law Attorneys, Attorneys, Business Law Attorneys
Nelson Eric
400 2nd Ave S # 700
Minneapolis, MN 55401
(612) 321-9402
Attorneys
Simmonds & Wright LLP
881 E Madison Ave
Mankato, MN 56001
(507) 205-9398
Accident & Property Damage Attorneys, Personal Injury Law Attorneys, Attorneys
Richard A. Ohlsen
417 Laurel St
Brainerd, MN 56401
(218) 825-9334
Bankruptcy Law Attorneys,  Attorneys,  Family Law Attorneys,  Legal Service Plans
Klaers Michael J Cpa/Atty
416 6th St SW
Willmar, MN 56201
(320) 235-9318
Attorneys, Legal Service Plans
Culberth Celeste
444 Cedar St # 1050
Saint Paul, MN 55101
(651) 290-9300
General Practice Attorneys, Attorneys
Charpentier & Lange
718 Front St
Brainerd, MN 56401
(855) 334-9281
Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate Planning Attorney
Biglow Michael J
401 2nd Ave S
Minneapolis, MN 55401
(612) 339-9221
General Practice Attorneys, Attorneys, Legal Service Plans
Lackore Ramona C
432 Litchfield Ave SW
Willmar, MN 56201
(320) 235-9203
Attorneys, General Practice Attorneys
Enger Robert
215 4th St NW
Bemidji, MN 56601
(218) 751-9201
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US