When getting married, most couples bring their assets and properties into the relationship. So, in such cases, prenups or prenuptial agreements become beneficial.

If you think about getting a prenup, you should take the help of a prenuptial agreement lawyer. This contract has certain limitations, and they will help you cope with them.

In this article, you will learn about 3 benefits of getting a prenup before you get married. But first, let’s start with knowing what a prenup is.

What is a prenup?

Couples can sign a legal contract before getting married, known as the prenuptial agreement or prenup. You can also refer to it as a “marriage contract” or “domestic contract.”

This contract is signed before getting married. However, the agreement you sign after marriage is a marriage contract. On the other hand, when a common law couple signs an agreement, it is known as a “cohabitation agreement.”

While a marriage contract and prenuptial agreement differ in the agreement date, the cohabitation and prenup agreement differ for the relationship type.

If you are a couple, you can set some terms and clauses in a prenup, which might include:

• Individual assets
• Individual debts
• Shared debts
• Shared assets
• Land legacy
• Spousal support

When you’re getting a divorce or separation, you can divide these things based on the agreement. However, you must submit this agreement before you get married.

3 Benefits of Getting a Prenup Before You Get Married

You will get many benefits from a prenup. Also, there’s no fight between you and your partner when the marriage fails.

Here are 3 benefits of getting a prenup before you get married: 

Better communication

You can consider a prenup very helpful in better communication. Most couples find it complicated to talk about finance and property. However, before getting married, it is very beneficial to understand each other’s expectations. 

When you discuss the prenup with your partner, you start the relationship with proper communication and trust. Therefore, there’s more chance of your marriage working out.

Saves money and time

Separation and divorce ruin a lot of time and money. Even when couples agree on all legal issues, you will still spend and waste a lot in court. This means you will have some additional fees before the judge decides on the termination.

For example, a couple starts processing their divorce. As time passes, they will start disagreeing on different matters. Eventually, it would take extra time and cost more.

Another benefit of getting a prenup before getting married is that you can save money and time during divorce. So, you will face fewer hurdles in a separation or divorce. Therefore, you will get faster resolutions along with avoiding hectic court battles.

Protects separate properties

One of the critical and tough tasks is to divide your debts and properties in a divorce. Almost all couples think that they would share everything all their lives. But they will have conflicts about who will get what while getting a divorce.

The judge first investigates identifying and categorizing the assets and debts in court. Then, they will divide them equally. Additionally, some even decide to enter the marriage with family heirlooms.

Therefore, a prenup can save these family heirlooms if the couple considers divorce. In a prenup, you must mention the property that belongs to you and your partner separately. Also, you should mention who will get what after the divorce.

Limitation of a Prenup

In a prenup, certain categories are required to leave out. While you single-handedly draft the prenuptial agreement, you should maintain a few limitations of this contract.

Some of them are:

• Child custody
• Child support
• Alimony waiver
• Divorce incentives
• Personal matters.

Final Verdict

Here are the 3 benefits of getting a prenup before you get married. Though none gets married while thinking about divorce, you can’t guarantee whether your marriage will work. Additionally, there are thousands of benefits that you’ll get from signing a prenuptial agreement.

You can hire a lawyer if you still have queries about a prenup. With the experience, they will help you draft a good prenup that would benefit the spouses equally.