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Attitudes toward prenuptial agreements might be shifting

Prenuptial agreements have been a legal option for quite some time. However, many people may have avoided signing such an agreement before exchanging vows because of negative perceptions. After all, divorce probably isn't the first thing on the mind of a couple preparing for marriage. Yet some family law observers believe long-held attitudes about prenuptial agreements could be changing.

According to a poll of the American Academy of Matrimonial Lawyers, family law attorneys have noticed a definite uptick in the number of couples seeking prenups in recent years. People understand that signing a prenuptial agreement is a form of insurance, rather than destining a marriage to end in divorce.

Having a prenuptial agreement in place can prepare couples for whatever turns life may take. As such, divorce proceedings can move much smoother with a prenuptial agreement, if couples eventually decide to split up.

As couples take time to think about their impending marriage, they may want to consider whether or not a prenuptial agreement is helpful. Of course, it's not necessarily an easy conversation to have, but it can open the door to very important topics. When an agreement is created, couples can gain a full understanding of the assets and liabilities each person is bringing into the marriage. In addition to joining personal lives, marriage also entwines the financial affairs of two people. Having complete discloure could prevent misunderstandings down the road, since financial issues often strain marriages.

Furthermore, prenuptial agreements are about shielding each spouse from undue financial harm. Essentially, it's a form of protection for you and the person you love.

Source: Reuters, "What To Consider Before Asking For A Prenuptial Agreement," Geoff Williams, Nov. 27, 2013

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Attitudes toward prenuptial agreements might be shifting | Peter A D'Angelo, Attorney at Law, PLC