If you're in a serious relationship, now's the time to start thinking about the prenup. If you're like a lot of people, you might not think you need a prenup. Unfortunately, that's not the case. A prenuptial agreement protects you and your partner. Prenuptial agreements are especially beneficial when there's an imbalance in power, like, for instance, if one partner makes substantially more than the other partner. If you're not sure where to start, read the information provided here. You'll find four tips to help you avoid mistakes with your prenuptial agreement.
Don't Wait Until the Last Minute
If you're ready to get married, don't wait to prepare your prenup. You might think you can wait until the last minute for the prenuptial agreement. That's not the case though. There are a couple of reasons why you want to move forward with your prenup. First, you need enough time to go over all the details. Second, you'll need to follow any state requirements. For instance, in California, both parties have up to seven days to sign the prenuptial agreement after it is drafted. That means you'll need to have the final draft of the prenup completed before that.
Work as a Team on the Draft
If you and your fiance want to sign a prenup, you need to work together. It's not uncommon for couples to work on their own individual drafts, but that's not the best way to approach a prenup. Working on your own can lead to disagreements and conflict. That's where teamwork comes into the picture. When you and your fiance work together, you can iron out differences as you go along.
Avoid Outside Involvement
If you're working on the draft for your prenuptial agreement, avoid outside interference. Friends and family members will have opinions on how you should proceed. But, those outside opinions can wreak havoc on your prenup. Luckily, there's a way to avoid conflict. You can ignore the outside opinions. That way, you and your fiance can focus on your issues and leave the rest at the door.
Get Legal Assistance
If you're ready to move forward with your prenup, it's time to get legal assistance. You can work on the drafts on your own. However, once you're ready for the official agreement, you need to have legal representation. A lawyer can go over the details with you to make sure that everything is in order. This process protects you and your fiance.
For more information on prenuptial agreements, contact a professional near you.Share