The financial well being of a marriage can be ensured ahead of time when a pre-nup is drawn up and approved by both partners. It is definitely worth considering for couples planning to take the next big step with marriage.
If you fall into any of the following categories, you should at least consider a prenup:
You have assets such as a home, stock or retirement funds
You own all or part of a business
You may be receiving money from an inheritance
You have children and/or grandchildren from a previous marriage
One of you is more financially stable or wealthier than the other
One of you will be supporting the other's education
You have loved ones who need to be taken care of (i.e., elderly parents or a mentally or physically challenged sibling)
You have or are pursuing a degree in a potentially profitable profession, such as law or medicine
You see a potentially large income increase due to your business taking off, your book making it to the bestseller list, your band recording their first hit, etc.
Release Time: 2020-03-17 08:40:25
Your spouse's will can never be less generous than the conditions of the prenuptial agreement. However, a will can always leave more than the amount agreed upon in the prenup.