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Prenups offer most couples a way to avoid future heartbreak

Many couples nationwide, including those in North Carolina, may assume that prenuptial agreements are only for the rich. Nevertheless, couples who do not have much money when they marry can benefit from one if they later divorce. A prenuptial agreement can protect the future earnings of a spouse who starts a new career or business. A prenup can also protect a spouse from the debts of the other spouse, from such things as student debt or more liberal spending habits.

An agreement can stipulate that each spouse is responsible for their own debts and entitled to their own assets in a divorce by keeping them as separate property, according to family law experts. Although discussing divorce before a marriage might not seem romantic, it can save significant time and money in legal fees during a divorce. In addition, when a spouse has children from a previous relationship, a prenup can establish that certain assets go to them that would normally go to a spouse in the event of death.

It is important to consult with a family law attorney when waiving rights to assets in a prenup. A compassionate family law attorney who is skilled at dealing with things in a straightforward manner can make the process of formulating a prenuptial agreement easier.

Every couple's situation is unique. A family law attorney can help a couple draw up a prenup agreement that will allow the division of property in a divorce to be fair. An attorney could also be helpful in making sure that the provisions of a prenup are utilized during a divorce to avoid quarrels, delays and unnecessary expenses.

Source: Huffington Post, "Prenups: Not Just For The Wealthy," Jason Marks, April 25, 2013

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