Considering a Prenup? Here are Some Pointers
Hi friends! A prenuptial agreement may not be the most romantic of topics, but for many couples, it’s a path that makes sense. I’m no attorney, but I’ve helped a fair share of couples through the prenup process. Approach the discussion with your fiancé thoughtfully and if you decide to go the prenup route, consider the following tips:
- Start the process early. It can be a long process so start conversations as soon as possible to leave enough time for both of you to review, make changes, etc. You should try to sign the agreement six to eight weeks before the wedding.
- Get separate attorneys. Each of you should have your own lawyer review the contract.
- Make sure you understand all of the wording. Leave no stone unturned. Get clarification where you need it.
- Make updates when needed. The prenup should be updated if you have children, if your assets change or if you move to another state or country.
- DIY carefully. If you choose to do a do-it-yourself version of a prenup, do your research and follow local laws to ensure its legal. Usually, you’ll need to have it notarized.
A good rule of thumb is to sign your prenup before the wedding invitations are sent.
Header image courtesy of SalFalko/Flickr