Prenuptial Agreement Lawyer In Kansas City Missouri: Pros And Cons Of A Prenup
A prenuptial agreement lawyer in Kansas City Missouri understands there are pros and cons to a prenuptial agreement you should be aware of before signing.
Prenuptial Agreement Lawyer In Kansas City Knows The Pros And Cons Of A Prenup
Pro: Opens Financial Discussions
Prenuptial agreements open the door for couples to discuss important financial issues and their personal expectations of how financial responsibilities are shared before their wedding. Having these financial discussions with a prenuptial agreement lawyer in Kansas City Missouri early in a couple’s engagement helps each party reduce their financial worries about losing their premarital savings or getting married to someone who might not share their personal financial values.
Pro: Protection For Children
In the untimely event of a spouse’s death, prenuptial agreements do allow children to be signed on as the beneficiary of assets. In order to make sure your children are protected and covered legally, these provisions can be discussed with your prenuptial agreement lawyer in Kansas City Missouri.
Pro: No Debt Transfer
Any debt acquired during the marriage is often split equally during the divorce, with each spouse responsible for their share. However, a prenuptial agreement can include instructions for debts accrued prior to the marriage, that would place the debt solely on the debtor.
Con: Awkwardness
It may not seem very romantic to think about signing a prenuptial agreement, and may even create a sense of awkwardness. However, what may seem awkward at first, can lead to meaningful discussions about finances going forward that can help to prevent distrust in the future.
Con: Feeling Of Impending Marriage Failure
Going into a marriage and focusing on the “what-if” scenarios should the marriage fail, is a difficult thing to navigate. Unfortunately, approximately 50% of marriages end in divorce in the United States, and that rate does not create a sense of marital success prior to marriage. Negotiating a prenuptial agreement while dealing with the stress of an imminent wedding can sometimes seem grim, but a comprehensive prenuptial agreement can create certainty and take away some of the “what-ifs”.
Even with its pros and cons, a prenuptial agreement lawyer in Kansas City Missouri understands that prenuptial agreements can be beneficial to a couple. If you are in Kansas City and the Metro area and are curious how a prenuptial agreement can benefit you, contact our team today at Family Law Practice at Levy Craig Law Firm to schedule a consultation, or feel free to call us at (816) 454-7474 with any questions you have for a prenuptial agreement lawyer in Kansas City Missouri.
