If you pay attention to pop culture news, you probably have noticed the lack of celebrity weddings this summer. This also means that news of celebrity prenuptial agreements have largely been non-existent. For those unfamiliar with prenuptial agreements, they are essentially contracts that people seeking to get married enter into that lay out rules for how the parties will conduct themselves in the event of a divorce. Some prenups also govern how the parties will conduct themselves during the marriage.
Does the notion of a prenuptial agreement taint the romance between couples who seek to be married? This is a question that has vexed people as prenups have become bigger part of our culture. On the one hand, it is prudent to think about the future and plan for the unexpected. It follows the old adage “if you prepare for the worst, you can expect the best.”
While the concept of a prenuptial agreement may not prove particularly romantic, the legal document is becoming increasingly common in American society, and with good reason. You may think of a prenuptial agreement as something only relevant for those with particularly high incomes, but there is a myriad of other reasons having a "prenup" in place is a good idea.
Regardless of income level, all couples who are marrying should strongly consider getting a prenuptial agreement. Prenuptial agreements protect each spouse's financial and property rights in case of divorce. The following are five reasons to consider getting a prenuptial agreement: