Robert S. Gershon knows that a prenuptial agreement is a powerful tool that can avoid major headaches during a divorce. Many couples don’t consider signing a prenup when they get married because no one really wants to think of divorce ahead of their wedding day. However, signing a prenup doesn’t have to mean that there is a lack of trust between the newlyweds. Instead, any couple who plans to marry should consider this option out of mutual respect for each other.
Most people typically associate prenuptial agreements with high-asset divorces and think that they are reserved for rich folks. However, a prenuptial agreement can also benefit couples that have more modest assets. Such agreements can help a couple to deal with important issues up front and can avoid long and costly divorce proceedings in the future.
No matter how amicable a divorce process may be, many couples end up getting caught up in alimony disputes, which can drag on and cost them a lot of money that they could have saved if they had a prenuptial agreement in place.
The beauty of prenuptial agreements is that couples can deal with some of the potential difficult family law issues that will inevitably come up during the divorce process before the problems even arise. While many couples, particularly those with modest financial means, may see prenuptials as taboo, they can be an important part of financial planning. After all, nearly half of all marriages in the United States end in divorce. With that in mind, it is clear that a prenuptial agreement may come in handy for many New York couples.
If you or someone you love is planning to marry, consider a consultation regarding a prenuptial agreement, because it may save a lot of money down the road for everyone involved.