Is it Advisable to Have a Prenuptial Agreement?

Is it Advisable to Have a Prenuptial Agreement?

Marriage is an eternal bond and it should be nurtured with heart and soul. However, unfortunately, things go wrong and sometimes it comes to a point where it can become difficult to live with each other. If such a thing happens to you, a prenuptial or premarital agreement can be a great savior giving both the partners a peace of mind.

However, it is up to you to make the decision whether this works for your specific situation or not. Obviously, you will have assets like savings, retirement, property and other such investments that would be important to protect. It wouldn’t be a good idea to have them involved as an element of your marital entity.

While you trust your partner, you may prefer to protect your assets at the same time. But then of course, it can be a challenging task discussing these matters with your partner without getting them offended. If you are facing this facing this dilemma, here are a few suggestions that can help you get through it.

  1. You could point your accountant as the reason for the discussion on prenuptial agreement. Tell your future spouse that he recommends separating your assets from the marriage.
  2. In case there are children from your prior relationship, then you would want them to have a right over the assets you possess before the marriage.
  3. You wish for you and your partner to have each of your assets to be kept aside from the bond of marriage.
  4. The assets that you possess prior to the marriage could be for a beneficiary like a relative and that you would want him or her to enjoy the benefits.
  5. Or may be you want both of you to start fresh and build new assets together as a married couple.

You obviously don’t want the prenuptial agreement to spoil your relationship by creating distrust in each other. Try a casual conversation and explain to your partner of why you would like to have a prenuptial agreement and how it is necessary. This casual discussion may help without having to affect the things between the two of you.

Talk about the issue with ease so that you can make your future spouse understand it clearly and fearlessly. As you already do understand your future spouse, so you would already have an idea of how he or she would behave when it comes to dealing with matters emotionally. So use this knowledge about your partner and discuss or plan accordingly. You could probably even make a suggestion for both of you to make a prenuptial agreement and make it work both ways.

It is a delicate matter bringing in discussion of assets into a relationship, which is why it needs to be dealt sensitively. Any misunderstanding could be a fatal blow to the trust that took so long to establish. But at the same time, getting the agreement done might be crucial for you. You could also discuss with a professional who would advice you on financial matters and guide your thought process.

Source :-
Indian Matrimonials

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