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Prenups are intimate for these reasons

Oct 20, 2021

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A prenuptial agreement, often known as a prenup, is a legal agreement entered by a couple before their marriage that specifies how their assets will be divided if their marriage ends. One of our specializations at Mulligan Attorneys is family law, which includes prenuptial agreements.

Prenups are seen negatively by many people. They believe prenups are just for the wealthy and famous, or they are concerned that signing one will jeopardise their marriage. After all, isn't planning for failure the same as planning to fail? Wrong! We've helped enough clients negotiate this issue at Mulligan Attorneys to know that a prenup is one of the most compassionate and ethical things married couples can do. We've picked together three reasons why prenuptial agreements are truly romantic in honour of Valentine's Day.

  1. A prenuptial agreement forces you to discuss your finances freely and honestly.


Recent research shows that 70 per cent of couples argue more over money than about anything else in their relationship, including chores, supper, and snoring. This is because many people were never given the tools or information necessary to manage their money successfully. Money is also quite personal, and entrusting your life (and your bank account) to another person can be daunting. A prenuptial agreement, drafted by an experienced and compassionate lawyer like those at Mulligan Attorneys, can help you plan for a lot of financial health and share the wealth. This foundation will improve your marriage and spare you a lot of trouble in the future.

  1. A prenuptial agreement helps you plan for your future as well as your wedding.


Prenuptial agreements are valuable in a variety of situations, not just in the event of a divorce. They're also a chance for you to make legal vows about how you'll look after each other. A prenuptial agreement can cover health insurance, life and insurance coverage, deeds, access to particular bank accounts, real estate, and child care. These are all topics that are rarely covered throughout the bridal planning process, while seating charts and bridesmaid gowns seem to be the essential things in the world. A prenuptial agreement serves as a potent reminder that what matters most is the future you're creating together.

  1. A prenuptial agreement protects you and your partner in the event of a divorce.


Instead of thinking of a prenuptial agreement to safeguard your possessions, consider it as a way to protect your partner no matter what occurs. It's an opportunity to make decisions when your relationship is healthy and loving, rather than when you're inclined to lash out or blame one another in a worst-case scenario situation. This is especially critical if you plan to have children. A prenup means you've agreed to look after and do what's best for the other person now and in the future.

If you intend to marry soon, a prenuptial agreement might be a terrific method to plan for a safe, secure, and sustainable life. It's also critical to locate an attorney you can trust to assist you through this agreement with compassion and professionalism, just as it is to choose the appropriate partner to settle down with for the rest of your life. Mulligan Attorneys can assist you in ensuring that you begin your marriage with love and honesty; contact us today to start the conversation.