Top Six Prenup Tips
Question: I’m about to say “I do,” but should I arrange a prenuptial agreement first?
Answer: Prenups are helpful in that they set out the financial assets in the event of a divorce or termination of the marriage. There are certain areas that are not discussed in prenups (i.e. custody and child support). However, all of your assets need to be disclosed in the prenup.
Here are the Top Six issues to discuss with your attorney:
1) Inherited assets: What if I inherit money and we buy a house and live in it as a married couple? The Prenup can determine who gets the house.
2) Retirement accounts
3) Income during the marriage
4) Consumer debt accumulated during the marriage
5) School debt accumulated during the marriage
6) Maintenance
There is no right or wrong in a prenuptial agreement. It can and should be whatever you and your spouse decide you want to happen to your assets in the event of a divorce. For more information or to set up a consultation, visit rovenlawgroup.com.