posted in Prenuptial Agreements
on Tuesday, September 25, 2012.
There are many differing opinions on what to do to prepare for a divorce in Connecticut. Some experts believe that a prenuptial agreement — a contract made before the wedding occurs — is an intelligent move that will allow the division of property and other processes to be quickened and simplified in case of a split. Others say that a prenuptial agreement, in any of its forms, takes a shot at love and reflects an air of distrust between the couple.
Those who choose the latter stance sometimes examine relationships that have been together for decades. Successful marriages can last this long and are often made up of two people who truly and wholeheartedly love one another. Their lives are intertwined, and they trust one another.
This is not the case for all marriages. With approximately half of marriages ending in divorce, other experts would argue that it is smart to be prepared. Remember, it takes two people to get married and one spouse cannot always predict what the other is thinking or doing. Sometimes marriages end, and having preparations in place may make the split easier and more amicable.
A prenuptial agreement can come in several forms. For those about to get married, it is the marriage contract. For unmarried couples living together, it is the cohabitation agreement. For those already married, it is the postnuptial agreement. In such documents, both parties can outline what they want to remain theirs if the relationship should end. In some cases, alimony and child support parameters can be included.
If the prenuptial agreement is fair to both parties, it will be upheld in court during the split. It will then be enacted and the outlined provisions will be implemented. This can save the involved parties hundreds of thousands of dollars in legal fees and lost assets.
Source: Examiner, “Pre-nuptial agreements: Good, bad, indifferent?” Charles Schmitz and Elizabeth Schmitz, Sept. 17, 2012