How to create a prenup

| Jan 8, 2021 | High Asset Divorce |

One of the most common mistakes people make in Florida is not creating a prenup before they tie the knot. After all, who wants to think about divorce at the beginning of a marriage? However, no matter the awkward conversation, it is important to create a prenup as soon as possible. Read on to learn how you can begin crafting your own prenuptial agreement.

Why are prenups important?

In many cases, one spouse will come into the marriage with certain baggage that you may not mind but would not want to take responsibility for. One of those includes personal debt. If you do not create a prenup, you may be liable for half of that debt if a divorce occurs. Other items that a prenup would protect you from include:

  • Shared ownership of a business
  • Division of property
  • Losing possession of your family heirlooms
  • Creating a valid prenup

There is a misconception that any demand you want can be added to a prenuptial agreement. Although courts have become much friendlier towards prenups over the years, there are still rules that you need to abide by in order for your prenup to be considered valid and fair. It is highly recommended for you to communicate with your spouse as a means to ensure that both parties understand what is going to be signed and what will take place in the event of a divorce.

Drafting your prenup

Drafting a prenup is not something you should ever do alone. Even if you don’t want to communicate such matters with your soon-to-be spouse, it is important to consult with an attorney. An attorney may work with you to ensure that you are not making any legal mistakes along the way or excluding important information.

Creating a prenup can be a lengthy and complex process. Thus, it is important to ensure you have helpful professionals at your side during this time. That means vetting and hiring an attorney and accountant for your specific situation.