The Benefits of Prenuptial Agreements

A prenuptial agreement is a written contract entered into by two people before they get married. It specifies the ownership of the assets, how they’ll be handled during the marriage, and how they’ll be divided in the event of divorce or death. Prenuptials can offer a wide range of benefits:

• Cost and Time Efficiency: By pre-determining how assets will be divided, expensive and time-consuming legal battles can often be avoided. 
• Debt Protection: Prenups can establish each partner’s responsibility for existing or future debts. This helps clarify who is liable for any joint or individual financial obligations. 
• Transparency and Clarity: A prenup lays everything on the table before the marriage begins because both parties disclose their financial situations which helps to promote trust and understanding. 

Let me be your financial advocate as you navigate the divorce process. As a Certified Divorce Financial Analyst, CDFA® I can help you avoid costly mistakes and educate you on current and future budgets, provide a financial road map, and help you understand what assets you have, what you spend, where you spend it, and more.

Don’t have a prenup and going through a divorce? Let me be your financial guide. 

Contact me today at 716-800-4290 to schedule your first appointment.