No one says “I do” with the intention of saying “I want a divorce” someday, but the reality is, a lot of marriages simply do not last. Even couples who are seemingly perfect for each other can run into roadblocks that they cannot overcome. As a result, everyone who is planning to tie the knot should consider drafting a prenuptial agreement with the help of a family law attorney. This document will not only protect you and your assets, but also your future spouse.

Family Law Attorney Explains the Value of Prenuptial Agreements

What They Are

Prenuptial agreements are legally binding documents that detail the way a couple will approach certain aspects of divorce if they decide to end their marriage. For example, this contract might contain terms regarding asset division, debt distribution, and inheritances for any children that the couple does not share. You can also use a prenuptial agreement to clarify certain aspects of the marriage. Couples might stipulate how they will share finances, handle old debts, save for retirement, or settle future disputes.  

Why They Matter

At the end of the day, prenuptial agreements protect both spouses in the event of a divorce. For example, if one spouse enters the relationship with a thriving business, they may be able to retain full ownership of the business if the marriage ends. Under family law, prenups can also address future earnings, which may be important for those who have a considerable amount of student loan debt upon getting married but are on a lucrative career path that will benefit both parties in the long run.

As an added benefit, these documents encourage couples to discuss finances in a practical and realistic way. Ensuring both spouses are on the same page at the start of the marriage will only contribute to its success down the road. If you want to create a prenuptial agreement, turn to Guillien Van Nuland LLC. Based in La Crosse, WI, this firm is proud to represent clients facing all kinds of family law disputes. Visit the website to learn more about the compassionate counsel they provide, or call (608) 782-4411 to schedule an initial consultation today.