Marriage and Finances: 5 Tips When Considering a Prenuptial Agreement

Marriage and Finances: 5 Tips When Considering a Prenuptial Agreement
Previous

If a prenuptial agreement is right for you, you can help take financial surprises out of your marriage.


Paige Christenberry
  1. Make a detailed list of all of your assets, and identify which ones you want to keep as separate property and which ones you are comfortable retitling as joint property.
  2. Consider the duration of the prenuptial agreement. Some last for a set number of years, and others have no end date.
  3. Decide if it matters to you who ends the marriage and if there needs to be consequences in the agreement for that.
  4. Discuss how alimony needs to be treated in the event your marriage ends.
  5. 5. Once you’ve considered the first four things and have a better idea regarding the objectives and comfort level of you and your partner with certain terms, you and your future spouse each should consult your own attorneys to discuss drafting the actual documents. Make sure that you don’t wait until the last minute!

Learn about other conversations around marriage and finances you should have with your future spouse.

Next

This information is general in nature and is provided for educational purposes only. Regions makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. Information provided and statements made by employees of Regions should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice. Regions encourages you to consult a professional for advice applicable to your specific situation.