What Are The Benefits of a Prenup?
Prenuptial agreements serve a multitude of important purposes:
Asset Protection: A prenup safeguards your individual assets and properties acquired before entering into marriage, ensuring they remain separate and protected even if a divorce occurs.
Clarity: These agreements establish clear expectations and responsibilities regarding financial matters, minimising the potential for misunderstandings and conflicts between spouses in the future.
Business Preservation: If you own a business or have significant investments, a prenup can be a valuable tool for protecting your business interests, preventing them from becoming subject to division during divorce proceedings.
Estate Planning: Prenuptial agreements can address complex inheritance and estate planning concerns, ensuring that your assets are distributed in accordance with your wishes.