When you get engaged, you imagine the best possible future with your romantic partner. The two of you might start planning a beautiful wedding or a fantastic honeymoon trip. It is likely a time of excitement and optimism, and you may not want to dampen the mood by talking about something negative, like the possibility of a divorce.
However, it is also important to address the risks involved with an upcoming marriage. The looming specter of divorce is a real concern in modern America, as a significant portion of marriages will end in divorce and not death.
An engaged couple has the opportunity to protect themselves if they sign a marital contract before tying the knot. How do you convince your fiance to consider signing a prenuptial agreement?
Talk about the expense of a divorce
Couples don’t get married with the intention of ending up in divorce court, but life is unpredictable. Infidelity, changing personalities and even financial issues can take a toll on your marriage in the future that you simply cannot predict now. Waiting until those issues occur might mean that your emotions take over and that you fight over every little detail.
If you do divorce, a prenuptial agreement will reduce the conflict between the two of you and help you keep the process more affordable. How much you fight over your divorce will directly impact how much you pay. The average cost of a divorce in the United States, based on data from 2020, is $12,900. When couples fight over several issues, their divorce will cost an average of $23,300. If they file for an uncontested divorce, however, their average costs drop to $4,100.
Discuss how it must offer protection to you both
Despite the idea that one spouse will use an agreement to put the other at a financial disadvantage, in reality, a contract that is one-sided is likely unconscionable and therefore unenforceable. You both should receive something of value in a prenuptial agreement. You may want to preserve your inherited property or your small business, and your spouse could potentially protect their retirement savings.
Although it can be stressful to broach the topic with your fiance, if you talk about your expectations for marriage in depth now while drafting a prenuptial agreement, you may actually reduce your chances of major conflict damaging your relationship later.
Drafting a prenuptial agreement could help you prevent a divorce later and we’ll make your family law proceedings less complicated and expensive your divorce is if your marriage eventually ends.