If you’re planning to wed, you may want to talk to your spouse-to-be about entering a prenuptial agreement. These agreements help couples clarify how to handle individual pre-marriage assets, such as houses and business interests, and property acquired during the marriage. Agreements also provide for retirement plans and spousal support in case of divorce. Although the topic can be difficult to broach, the tips below may help you ease into fruitful conversations with your loved one about these important financial issues.

How to Begin Discussing a Prenuptial Agreement

Start With Honesty

Planning for every contingency, including divorce, is a sensitive process. Your loved one may take your suggestion as a sign that you don’t trust them or the future you’re building together. Prenuptial agreements aren’t just about protecting yourself in the event of a split, however. In fact, having a frank conversation about your assets, debts, and financial goals may strengthen your bond. Be honest and realistic with your partner. Have a plan for what you’d like to say before broaching the subject. Careful forethought will show that you’re taking your relationship seriously and trying to protect your mutual best interests. 

Talk to Them About the Advantages    

While a prenuptial agreement will streamline the separation process, don’t focus too intently on this benefit. Help your partner understand the other advantages offered, such as retirement planning and financial readiness in the event of untimely death. If you or your partner has children from previous relationships, explain that it will also protect your progeny’s property and inheritance rights. 

Keep Finances in Perspective

You may earn a higher income, possess more property and investments, or have fewer liabilities than your future spouse. Still, approach the conversation with humility and mutual respect. Recognize and express your appreciation for the contributions your loved one brings to your home. Keep in mind that fortunes and circumstances can change with time. 

If marriage is in your future, a prenuptial agreement may be a smart step to take before walking down the aisle. Since 1992, the skilled attorneys at Brown, Burgoon, & Hartnagel, P.C. in Bardonia, NY, have been serving individuals in Rockland and Orange Counties in family law, real estate, and taxation cases. These experts will help you craft a document that provides complete peace of mind for you and your loved one. To schedule a free consultation with a seasoned family court attorney, call (845) 624-1966 or visit their website today.