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A candid query: Should you consider a prenuptial agreement?

On Behalf of | Aug 24, 2017 | Firm News, High Asset Divorce

There was unquestionably a time when many more Americans than presently would quickly run through an analysis regarding prenuptial agreements with a mindset narrowly centered on the degree to which they might reasonably dampen romantic ardor.

That is, while legions of people could see the clear utility in executing such a contract, they equally envisioned its existence as being akin to dousing marital love with cold water.

Of course, some people still regard prenups in the same manner. Increasingly more individuals and couples in Arkansas and across the country, though, now have a different perspective on marital contracts than was commonly the case in past years, and for good reason.

One useful function of a prenuptial agreement is to promote a couple’s early discussion on matters that are important to them. We note on a relevant page of our website at the Little Rock family law firm of Robertson, Oswalt, Nony & Associates, that timely and close focus on a prenup helps a couple “carefully examine the key life issues that will be impacted by the marital relationship.”

And then there’s this: Candidly, a prenuptial contract is an optimal family law tool for setting forth a clear written understanding regarding singular factors at play in a soon-to-be betrothal.

It can make flat-out good sense for a couple to consider executing such an agreement when one or both partners will be bringing a significant amount of wealth — an inheritance, perhaps, or a profitable business — into a marriage. Perhaps one partner is fearful of being held legally accountable for an impending spouse’s debt obligations of a material nature. Many couples deem it prudent to execute a marital contract when they are marrying for a second or subsequent time and have children from other relationships.

Modern family life in Arkansas and across the United States is increasingly complex these days. In some instances, a soundly negotiated and well-crafted prenuptial agreement can help address the nuances.

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