Preparing for Divorce—Before the Wedding Takes Place
If there was a 50% chance that you could die of a hereditary disease, wouldn’t you take action to lower your risk? You probably would. So why do those who plan to get married fail to adequately prepare for the future, knowing that there is statistically a 50% chance that their marriage could end in divorce?
In all the chaos of getting engaged and planning for their upcoming nuptials, couples fail to address the issues that they could face in their marriage. They get so caught up in the romance of a wedding and honeymoon that, once the bliss of being a newlywed wears off, they start arguing about finances and other issues.
If you’re planning to get married soon, instead of worrying about hiring a wedding planner, perhaps you should be thinking about other experts, such as a financial adviser, counselor or even a lawyer to draft a prenuptial agreement. After all, the two top reasons for divorce are infidelity and money issues.
Many people trust their spouses and are not often concerned about infidelity, but money issues can plague even the best of marriages. People lose their jobs. Medical emergencies happen. Cars and appliances break down unexpectedly. A person may come into a marriage with a lot of money, while the other spouse may be poor. Disparities in income can lead to arguments.
This is why couples need to talk about money before walking down the aisle and reciting their vows. Many couples are not on the same page, so having this discussion can prevent nasty disagreements down the road. While talking about money may not seem as romantic as picking out wedding rings, this is an important discussion that can make or break your marriage.
It’s good to start your future together on the right foot. You always want to think about your financial future, and even though you hope your marriage will last forever, many do not. Therefore, if you are coming into a marriage with significant assets, it’s a good idea to protect them with a prenuptial agreement. A prenuptial agreement is a contract between the spouses that outlines what will happen in the event of a divorce—more specifically, who gets what. Again, it may not seem like the most romantic way to start off your married life together, but marriage is, in essence, a legal and business contract in itself.
Seek Legal Help
While it may seem odd to discuss the possibility of divorce even before you get married, by doing so, you and your spouse can begin married life by understanding expectations, particularly when it comes to finances and life goals.
Marriage is a major event and one that, half the time, ends in divorce. You can prevent arguments about finances by considering a prenuptial agreement. Fort Lauderdale divorce attorney Edward J. Jennings, P.A. can help you, whether you are not yet married or are considering a divorce. To learn more about your options, call our office today at 954-764-4330 or fill out the online form.