What are the Benefits of a Pre-Nuptial Agreement?
The benefits of a Pre-Nuptial Agreement cannot be overstated. Marriage is a legal status affecting individual property rights. If a marriage ends, deciding how to distribute property is often the biggest source of conflict for couples. Pre-Nuptial Agreements minimize such difficulties by documenting each spouse’s separate property to keep it separate; avoiding court involvement and the potential for a judge to decide on property distribution; assigning debt (credit cards, school loans, mortgages) to the appropriate spouse, so both spouses don’t share debt liability; and avoiding costly, extended court proceedings.