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Posted by: Maricopa Lawyers on Oct 14, 2014

It’s time for you to discuss the least romantic aspect of your impending marriage – the prenuptial agreement.

According the US Census Bureau, nearly fifty percent of marriages will end in divorce. The hard truth is that nobody is an exception to the statistics – couples divorce all the time for reasons they never could have predicted after walking down the aisle. What happens after the split can be especially messy without the presence of a prenuptial agreement.

First, let’s do away with that taboo of discussing a marriage’s possible end before it begins – it’s a better way of providing for each partner’s future. Shouldn’t your marriage begin with an open and honest conversation about finances anyway? Regardless if a prenuptial agreement seems right for you, it’s highly recommended every couple consider the pros and cons.

There’s a familiar expression that implies marriages end through financial disputes – and it holds an element of truth. Financial considerations are critical to most marriages, so getting it out of the way before marriage can save a lot of headaches. The agreement can also one spouse from inheriting parts of their partner’s debt should the marriage end.

A prenuptial agreement will allow to do far more than make financial considerations – you also have the ability to determine matters of family, general legal issues and other priorities. For instance, this is a chance to protect your separate property and make any other special arrangements – safeguard family heirlooms that have no place in a split.

Prenuptials may not be ideal for every couple. The emotional toll can be hard for some partners, something impossible to overlook. Respect the sensitivity here, plenty of marriages have ended over less.

You may not be able to protect all of your assets either. Couples should also be wary how some states like Arizona are classified as community property states. This means that property acquired during the marriage belongs to both spouses.

Ultimately, the decision to acquire a prenuptial agreement is deeply personal. Decide what’s best for you.