Common Myths Surrounding Premarital Agreements
Premarital agreements are becoming more popular in Port St. Lucie, and throughout the state of Florida. However, even with more people signing these agreements today, there are still many myths surrounding them. If you are about to get married, it is important to know these myths, and the truths behind them.
Premarital Agreements are Only for the Wealthy
It is true that premarital agreements were once most commonly used by people that had amassed a great amount of wealth. Today though, that is no longer the case.
More and more people are starting to realize they have assets they want to protect, particularly as people start getting married later in life and have already established a career at that point. While they may not be incredibly wealthy, they still want to ensure that the assets they have accumulated are protected in the event of divorce. In fact, this is one reason premarital agreements are becoming so popular among millennials.
Premarital Agreements are Unromantic
When preparing to get married, it may seem quite unromantic to talk about things like divorce. Talking about premarital agreements, however, opens the door to so many other conversations that do not have to center around divorce. Talking about a premarital agreement forces a couple to talk about their finances, including their assets and their debt. These conversations can actually make a couple feel closer, and as though their entire relationship is protected.
You Can Include Anything You Want in a Premarital Agreement
Premarital agreements are typically used for financial matters. They mainly outline which assets are separate property and how property will be divided in the event of divorce, and how to provide for children from a prior marriage. That being said, couples can include just about anything they would like in a premarital agreement. For example, if one spouse wants to receive alimony in the event of divorce, that provision can be included in a premarital agreement.
Still, there are certain provisions you cannot include in a premarital agreement. For example, child custody and child support should never be included in a prenup. If it is and the couple gets divorced, the judge will make decisions regarding child support and child custody. If they find these provisions in the prenup and believe they are unfair, the judge may deem that portion unenforceable, which may affect the other terms outlined within the contract.
Our Florida Family Lawyers can Provide the Advice You Need
Premarital agreements provide great protection for your marriage, and in the event that you get a divorce. If you are about to get married, our Port St. Lucie divorce lawyers at Eighmie Law Firm, P.A. can provide the solid legal counsel you need. We can inform you of the truths behind the many myths, and help you draft a prenup that is fair and enforceable by the courts. Call us today at (772) 905-8692 or contact us online to schedule a consultation and to learn more about how we can help.