If you’re planning a wedding, drafting a prenuptial agreement is probably one of the last aspects on your mind. After all, no one enters into a marriage with the intention of filing for divorce someday. When you acknowledge that a prenup is a kind of insurance policy, though, the importance of drafting one quickly becomes clear. At the end of the day, life is unpredictable, and it’s wise to take advantage of every protection available to you. Here’s what all newly engaged couples should know about this valuable legal document. 

What Can a Prenuptial Agreement Include?

In a prenuptial agreement, you can specify which debts and assets will be assumed by which parties in the event of a divorce. This includes both existing and anticipated items.

If either party has children from a prior relationship, they may also use the document to stipulate which assets their children will receive should they pass before their spouse. This will prevent the surviving spouse from receiving property that was meant for the children. It will also keep the children from assuming they were entitled to more than their parent wanted to give them. 

Why Should Couples Sign a Prenuptial Agreement?

People often assume that only those with a high net worth can benefit from signing a prenup. In reality, though, virtually everyone will be granted at least some protection by entering into such an arrangement.

In the event of a divorce, having signed a prenup will streamline the proceedings considerably, thereby allowing both parties to go their separate ways as soon as possible with minimal conflict. 

For help drafting a prenup that will protect your best interests should you ever proceed with a divorce, turn to Vernau Law LLC in Granville, OH. Serving clients across Licking County, this general practice firm is backed by more than 30 years of experience in the legal field. In addition to family law, they’re well-versed in estate planning, probate, civil litigation, business law, and tax law. To request a consultation, reach out online or call (740) 587-2637.