When a couple is preparing to get married, they may believe that they will forever have nothing but warmth and good feelings for one another. This is perfectly normal; in fact being in love can cause people to experience a chemical reaction that shuts out negative thoughts about the object of their affection. This is what is meant by the saying “love is blind.”
But regardless of the emotional bliss that you are currently experiencing, you should consider the possibility that the marriage may not work out in the long run. This is why it is a good idea for both parties to take a realistic approach to their impending union. Creating a prenuptial agreement is one thing a couple can do to prepare for the time when the euphoria wears off and reality sets in.
For example, no matter how much you may love your betrothed, you want to be careful if he or she is carrying serious debt into the marriage. Stipulations could be put into a prenuptial agreement protecting you from taking on responsibility for such debts if the marriage should end in divorce.
It is also helpful to clarify details regarding possession of assets that were accrued before entering the marriage. An understanding of how such assets are to be divided in the event of a divorce could help to allay worries during times of marital strife. Further, a prearranged agreement could help keep legal costs down, meaning you both may be able to walk away with more in your bank accounts.
Eventually, the blinders that love puts on a happy couple will disappear. If this shift eventually leads to a parting of the ways, then the transition will be easier if the terms have already been established. The law firm of Regan Armstrong & Associates is capable of helping you craft a prenuptial agreement. This page details the services we offer to people looking to take this forward-thinking step.