There is perhaps no more beautiful time of the year here in Minnesota than the autumn season. That’s because during this three-month period before the onset of the cold, people will be treated to mild temperatures and picturesque landscapes framed by the brightly colored leaves.
It should perhaps come as no surprise then that many couples throughout the state will tie the knot in the coming weeks, looking to take advantage of these ideal conditions.
As it turns out, it isn’t just the season that these couples should be looking to capitalize upon, but also some viable legal options at their disposal.
For instance, soon-to-be married couples may want to give strong consideration to the idea of executing a prenuptial agreement, which is binding contract setting forth certain rights and expectations regarding the classification/division of their property, and/or spousal support in the event of a split.
Admittedly, there is nothing especially romantic about creating a prenuptial agreement, as it is dealing purely with the possibility of the couple divorcing further down the road. Nevertheless, it’s very important to stop to consider the advantages offered by a prenuptial agreement before dismissing it outright:
- It facilitates deeper discussions about not just money, but family, legal issues and plans for the future.
- It allows spouses to maintain possession of assets brought into the marriage and protect themselves against the debts previously incurred by their future spouse.
- It introduces more stability in a marriage, as both sides know exactly what to expect in terms of property division and/or spousal support.
- It enables a spouse to protect their children from a previous relationship.
- It eliminates some of the potential confusion and legal battles that can arise during a divorce thanks to the commingling of assets.
Given these many benefits, it only makes sense that a couple would want to at least give some consideration to the notion of meeting with a skilled family law professional to learn more about how a prenuptial agreement might prove beneficial in their unique situation.
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