Seattle Divorce Attorney: 5 Reasons to Consider a Prenuptial Agreement

Last month, we talked about what prenuptial agreements are, whether or not you might need one for your upcoming marriage, and what they mean in the case of a divorce. In this article, we will take a closer look at a few specific reasons that you may want to consider a prenuptial agreement.

While most people know that prenuptial agreements are a good idea for millionaires, movie stars, and NBA players, fewer people realize that there are a number of situations that could call for a prenup. Here are five:
 

  1. You own a business. If you have a business before you are married, a prenuptial agreement would protect your business and your assets in the case of a divorce.
  2. You have children from a previous marriage. Sharing everything between you and your spouse is a romantic idea, but one that is sometimes too idealistic, especially if you have kids to support from another relationship.
  3. You have a loved one who needs long-term care. If you are responsible for the care of elderly parents, a sick relative, or a disabled child, it is vital that you are financially secure in the future.
  4. You have money coming to you in the future. Whether you are working on a medical or law degree, expecting a large inheritance, or simply think you will hit it big, you should consider whether or not you want to risk losing significant amounts of that money in a divorce.
  5. You have an important asset to protect. Are you responsible for a house that has been in the family for years or do you have a stock portfolio that you’ve been building for years? Make sure you won’t lose your most important belongings in a divorce.

 
It’s important to raise the issue of a prenuptial agreement with your significant other soon after you discuss plans to build a life together. Explaining exactly why you would like to sign a prenup (your elderly parents, your children, your business) can help your partner understand your reasoning and see the document as more than a sign you will want a divorce in ten years.

Do you need the assistance of a Seattle divorce attorney? The Law Offices of Molly B. Kenny may be able to help. Contact us today to schedule a private consultation with an experienced lawyer.

Molly B. Kenny
Founder and Principal Divorce Attorney
Molly B. Kenny's Bellevue family law office is conveniently located on Lake Bellevue Drive, making it easily accessible to those in the greater Seattle area. Our divorce and child custody lawyers help men and women get the information, guidance, and compassionate representation they need.
Law Offices of Molly B. Kenny