The Pros and Cons of Prenuptial Agreements in Riverside

Prenuptial agreements in Riverside may offer numerous pros and cons. If you are considering one of these agreements before getting married, it makes sense to review the advantages and disadvantages first. While prenuptial agreements are ideal for some couples, others may find them unnecessary for various reasons.

One of the best ways to assess the potential suitability of a prenup is to speak with an established family law firm in Riverside. Choose Knez Law Group, LLP – and begin this important discussion alongside our family law attorneys. Matthew J. Knez and Andrew J. Knez both have considerable experience with family law, and they may be able to help couples determine whether to move ahead with prenuptial agreements.

Prenuptial Agreements Protect Your Property

One of the most obvious advantages of a prenuptial agreement is its asset-protection potential. With a prenuptial agreement in place, you can protect your property from the threat of divorce. This is why prenuptial agreements are popular among high-earning professionals, entrepreneurs, and similar individuals.

That being said, prenups are not reserved for the ultra-rich. You never know what the future might bring – and that small tech startup could become a major player in Silicon Valley within a few decades. With a prenuptial agreement, you get to keep more of what you earn during the marriage.

Prenuptial Agreements Come With Legal Fees

The obvious downside to prenups is their cost. While a prenuptial agreement is not necessarily “expensive,” they are also not free. Family lawyers in Riverside must carefully draft your prenuptial agreement so that it remains legally valid. If you attempt to cut corners and costs, your prenup could be challenged and invalidated if you ever divorce. With all that said, a prenup could be well worth the investment – and it has the potential to save a spouse millions.

Prenuptial Agreements May Strengthen Relationships

According to Psychology Today, prenuptial agreements have the potential to make marriages less stressful – and they can strengthen bonds between spouses. With a prenup in place, spouses know that neither party is “in it for the money.” This can alleviate suspicions and concerns – allowing both spouses to truly enjoy their lives together with minimal financial pressures.

Discussions About Prenuptial Agreements Can Be Awkward

On the other hand, broaching the topic of a prenuptial agreement can be awkward. The topic may be taboo for some spouses, and it carries a certain negative stigma. Spouses may feel insulted when they hear about plans for prenuptial agreements – and they may believe that this implies a certain level of non-commitment. However, one can carefully bring up this topic and “test the waters” before asking the question – and guidance from a lawyer could help.

Contact an Established Family Law Firm Today

The Knez Law Group, LLP, and its experienced family law attorneys can help couples determine whether prenups are truly the right call. Each marriage is different, and it makes sense to discuss the circumstances of your relationship rather than relying simply on online research. Contact our family lawyers today at 951-742-7681 to continue the discussion.