

{"id":32749,"date":"2019-01-16T07:12:08","date_gmt":"2019-01-16T07:12:08","guid":{"rendered":"https:\/\/www.marriage.com\/advice\/?p=32749"},"modified":"2023-02-01T06:53:59","modified_gmt":"2023-02-01T06:53:59","slug":"about-getting-a-prenup","status":"publish","type":"post","link":"https:\/\/www.marriage.com\/advice\/pre-marriage\/about-getting-a-prenup\/","title":{"rendered":"How To Talk To My Partner About Getting A Prenup?"},"content":{"rendered":"\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-32751 size-full\" title=\"How To Talk To My Partner About Getting A Prenup?\" src=\"https:\/\/image.marriage.com\/advice\/wp-content\/uploads\/2019\/01\/About-Getting-A-Prenup.jpg\" alt=\"How To Talk To My Partner About Getting A Prenup?\" width=\"804\" height=\"350\"><\/p>\n<p><span style=\"font-weight: 400;\">Prenuptial agreements (prenups) are legal documents that allow couples, who are preparing for marriage, decide how they would fairly divide their assets if they eventually found themselves in a divorce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Increasing numbers of engaged couples request prenups. Because of new financial and family dynamics, for many millennial couples, it only makes sense to have a<\/span><a href=\"https:\/\/www.marriage.com\/advice\/pre-marriage\/\"> <span style=\"font-weight: 400;\">prenuptial agreement<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">Economic and social shifts appear to be contributing to the rise in prenups. <\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Millennials tend to marry later than previous generations, affording them more years to grow their personal assets and debts. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, women&rsquo;s roles as income earners have changed. Today, nearly 40% of women earn at least half of a couple&rsquo;s income, compared to only about a third of that percentage in their parents&rsquo; generation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, many millennials have been raised by single parents, so they&rsquo;re especially clear on the practical need for the most responsible management of risks, in case of the worst -case scenario.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who-should-have-a-prenup\"><\/span>Who should have a prenup?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the past, people often viewed a prenuptial agreement as planning for divorce, instead of planning for a life-long marriage. However, many financial and legal advisors recommend having a prenup as a practical person and business decision.<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">Marriage is a romantic relationship. <\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">However, it&rsquo;s also a financial and legal contract. If one or more of the following apply to you or your future spouse, it may be best to have a prenup &ndash;<\/span><\/p>\n<ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Own a business or real estate<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Expect to receive stock options in the future<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Hold a relatively large amount of debt<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Have significant retirement accounts<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Expect to take off time from a career to raise children<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Have been previously married or have children from a previous partner<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Live in a state in which marital assets are not divided in a divorce in a way that would seem most fair in the case of your and your spouse&rsquo;s respective finances<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">When<\/span><a href=\"https:\/\/bankruptcylawyeratlantageorgia.com\/\" rel=\"nofollow\" target=\"_blank\"> <span style=\"font-weight: 400;\">filing for bankruptcy<\/span><\/a><span style=\"font-weight: 400;\"> it is possible for the spouse to incur the same debts<\/span><\/li>\n<\/ul><p><strong>How to approach your partner about a prenup<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Here are a few helpful tips for approaching your partner to ask for a standard prenuptial agreement.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"1-Don%E2%80%99t-procrastinate-or-try-to-avoid-the-matter\"><\/span>1. Don&rsquo;t procrastinate or try to avoid the matter<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<blockquote><p><i><span style=\"font-weight: 400;\">The mix of love and trust with money and unpredictable future events and outcomes is a very sensitive bundle of topics to try to sort out. <\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">So, if it upsets both the partners from bringing up the subject, you can set it aside and revisit it. Once it&rsquo;s brought into the open, you can hope to make progress. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Explain that the point is to help protect your relationship by ensuring that undue financial and emotional risks for either of you or for any future children can&rsquo;t become an issue in it down the road.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"2-Discuss-it-with-your-partner-earlier-instead-of-later\"><\/span>2. Discuss it with your partner earlier instead of later<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-32752 size-full\" title=\"Discuss it with your partner earlier instead of later\" src=\"https:\/\/image.marriage.com\/advice\/wp-content\/uploads\/2019\/01\/Discuss-it-with-your-partner-earlier-instead-of-later.jpg\" alt=\"Discuss it with your partner earlier instead of later\" width=\"804\" height=\"350\"><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">Good timing is important to a successful prenup. <\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Most experts recommend bringing up the subject before you get engaged. That allows plenty of time for as many discussions as necessary to help prevent your fianc&eacute; from feeling rushed into an agreement he or she doesn&rsquo;t entirely understand or feel comfortable with.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"3-Be-prepared-to-explain-your-reasoning\"><\/span>3. Be prepared to explain your reasoning<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<blockquote><p><i><span style=\"font-weight: 400;\">Be ready to help your partner understand and come to support the idea. <\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Have your list of several reasons ready, to help you clearly explain why you&rsquo;re sure it&rsquo;s important to have the agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Explain that the prenup helps you both act most responsibly now to protect yourselves and any future children from as much emotional and financial trauma as possible in the event of the worst-case scenario.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"4-Get-legal-insights-and-guidance\"><\/span>4. Get legal insights and guidance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If your finances are very simple, one of the various DIY prenups that you can find online may or may not be sufficient to hold up in court. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, if for more complex personal and business finances, you should consult with an experienced prenup lawyer. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Questions to ask your prenup attorney include &ndash;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"5-Do-we-really-need-a-prenup-considering-our-current-finances-and-future-plans\"><\/span>5. Do we really need a prenup, considering our current finances and future plans?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Depending on your future plans, a prenup can be important, for example, if you plan to set your career aside to raise children.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"6-What-does-a-prenup-include\"><\/span>6. What does a prenup include?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For example, does it cover infidelity, negative social media posting?<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"7-How-much-does-a-professionally-written-prenup-cost\"><\/span>7. How much does a professionally written prenup cost?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Can a DIY solution work as well in our case? For a straightforward prenup to cover uncomplicated finances, you may plan to spend between $1,200 &ndash; $2,400 on average.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"8-Are-we-already-married-Is-it-too-late-for-us-to-create-a-prenup\"><\/span>8. Are we already married? Is it too late for us to create a prenup?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you didn&rsquo;t have a prenup, you could have a postnup written, at any point after you&rsquo;re married, to increase protections for one or both spouses and\/or children.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"9-Can-a-prenup-be-changed-or-modified-later\"><\/span>9. Can a prenup be changed or modified later?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A prenup can be changed at any time, as long as you both agree. It can also have a timer included, to prompt revisions after a set number of years.<\/span><\/p>\n","protected":false,"raw":""},"excerpt":{"rendered":"<p>Prenuptial agreements (prenups) are legal documents that allow couples, who are preparing for marriage, decide how they would fairly divide their assets if they eventually found themselves in a divorce. Increasing numbers of engaged couples request prenups. Because of new financial and family dynamics, for many millennial couples, it only makes sense to have a prenuptial agreement. Economic and social shifts appear to be contributing to the rise in prenups. Millennials tend to marry later than previous generations, affording them more years to grow their personal assets and debts. Also, women&rsquo;s roles as income earners have changed. Today, nearly 40% <\/p>\n","protected":false},"author":491,"featured_media":32751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[2573],"_links":{"self":[{"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/posts\/32749"}],"collection":[{"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/users\/491"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/comments?post=32749"}],"version-history":[{"count":3,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/posts\/32749\/revisions"}],"predecessor-version":[{"id":32754,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/posts\/32749\/revisions\/32754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/media\/32751"}],"wp:attachment":[{"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/media?parent=32749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/categories?post=32749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marriage.com\/advice\/wp-json\/wp\/v2\/tags?post=32749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}