Marriage is a contract of love…as well as a financial one.
Having a premarital agreement in place before pledging your vows can have further reaching financial effects than just the “he/she is not getting all my money” concept people generally associate with prenups. There are a variety of clauses that go into these documents that can protect you and your beneficiaries in a number of ways.
Nationally, more and more people are having prenups drafted before tying the knot. The huffingtonpost.com recently reported: “According to a new survey of the American Academy of Matrimonial Lawyers (AAML), 63 percent of divorce attorneys say they’ve seen an increase in prenuptial agreements during the past three years. What’s more, 46 percent noted an increase in the number of women initiating requests for prenups.” Continue reading Til …Later Do Us Part: The Art of PreNuptials