Finances play a large role is every married couple’s lives, and are one of the biggest areas of disagreement. Having a prenuptial agreement lays a foundation for a secure financial future for both spouses. But how do you ask the person you are about to marry to sign a prenup? Here are some tips for making that conversation go smoothly:
Discuss as part of the wedding planning process. The time to discuss a prenup comes well before the wedding invitations go out. You never want to make your fiancé feel pressured or backed into a corner because the wedding date is near. Taking the urgency out of the discussion will help create an atmosphere of fairness and transparency for the negotiations to take place.
Take responsibility for requesting a prenup. Even if your family is encouraging you, you are the one who needs to take responsibility for requesting a prenuptial agreement. Telling your fiancé that it is your parents’ idea will make for future in-law problems and makes you look like a child.
Explain it as prudent planning. By defining financial issues prior to the marriage, both spouses can enter their new union with a clear understanding of the consequences should that union not last. The less affluent spouse may be comforted by knowing that if the marriage does end, he or she will not leave the marriage destitute. Just the act of creating a prenuptial agreement can ensure that each spouse has a clear understanding of their financial position and gives them the power to make their own decisions about how their assets would be divided instead of having a court make that decision.
Encourage equal protection. A prenup is not just about one person protecting his or her own assets; your fiancé may have assets that he or she wants to protect as well. Your fiancé should be encouraged to include his or her own items to the prenuptial agreement, which will help make them feel the agreement is fair and mutual.
Listen to feedback. Your fiancé may need some time to warm up to the idea of a prenuptial agreement, which is a major financial and legal decision. Give your fiancé some time to process the idea and listen to their feelings without applying any undue pressure. Answer questions fully and truthfully, and encourage them to consult with their own attorney to ensure their interests are fully protected.
Protecting your interests and achieving results that support your needs is what you can expect from Murphy & Cistaro. Contact us today for your free consultation.