Floridians going through a divorce can quickly find themselves overwhelmed. This is understandable. After all, there are a number of legal issues that must be addressed, and the outcome of each can have significant ramifications for an individual’s future. If not handled correctly, property division can leave a person facing financial difficulty, alimony and child support matters can create an uncertain financial future, and child custody and visitation issues can have a tremendous effect on one’s relationship with their children.
As stressful as these matters can be, many of them can be headed off before divorce is even contemplated. The best way to do this is to enter into a prenuptial agreement. These agreements, entered into prior to marriage, essentially serve as a contract, spelling out how certain legal issues will be addressed in the event of divorce. There are many advantages to a prenuptial agreement, including protecting one spouse from the other’s debt, laying out an alimony arrangement if one party will be giving up a career, delineate the financial decision-making process throughout the marriage, and even protect inheritance rights of children from another marriage.
There are some disadvantages to prenuptial agreements. The most obvious is that some people believe that these agreements start marriages off on the wrong foot, thereby generating a lack of trust. Also, some people who enter into a prenuptial agreement end up negotiating an arrangement that disallows them from inheriting from their spouse in the event of death. These are just a few of the disadvantages that must be considered before entering into one of these agreements.
A prenuptial agreement can be an important way to start a marriage. It can allow a couple to put financial concerns to the side, allowing them to focus on what really matters: their relationship. However, in order to be effective, a prenuptial agreement must be drafted in a way that is clear and legally sound. Qualified family law attorneys stand ready to assist in negotiating and creating these documents.