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The benefits of a prenuptial agreement

On Behalf of | Jul 30, 2019 | family law

Having a prenuptial agreement before marriage in Pennsylvania may make going through a divorce easier. Even though the document is not all-inclusive, it may prove beneficial on many fronts.

We here at Skala Miller Attorneys at Law want to help you and your future spouse come to terms on issues that crop up down the road. While divorce is seldom on the radar when you wed, a prenuptial contract can take the pressure off some heated issues should a breakup occur.

It makes property and asset division easier

A prenuptial agreement is a legally binding contract that both parties enter into willingly. It can help to alleviate some of the issues that make negotiating a divorce settlement difficult. While it cannot cover things like child support, custody or alimony, it can help when it comes to how money and property split. Setting out the way marital property divides during a breakup can benefit both sides as it removes this highly contentious issue from the negotiating table.

It separates pre-marital debts

Debt is something nobody wants to inherit. In a prenup, the couple can detail all liability existing at the time of the marriage. Doing this may help separate community debt from those obligations each party owed in his or her single life. Division of debts in a divorce decree can therefore only take into account the debt both parties acquired during the marriage.

No one wants to believe a marriage will not last. It is a good idea to have a contract before marriage that sets out how these and other issues resolve in case the relationship does not last. For more information on this and other family law issues, refer to our webpage.