You want to get married, but you’re also aware that you have a lot more assets than your future spouse. Maybe you’re a business owner and your business is worth millions of dollars, while they are working as a teacher. It’s a good career, but you’re bringing in 90% of the family’s money.
As such, you want to protect your assets and your business by asking for a prenuptial agreement. But you’re not sure how to do it, because you’re afraid that your significant other is going to think you don’t want to get married. How can you bring it up?
Talk about debt
Instead of saying that you want to make sure you get to keep your money and your business, talk to your spouse-to-be about the debt that the business holds. Bring up things like student loans or credit cards. Discuss how the prenup can help protect each of you from the other person’s debt, and that may be received much better than talking about income and financial assets.
Do it early
Don’t put the prenup off, or your significant other may think you’re just getting cold feet close to the wedding. Plus, a prenup will often be thrown out of court if it was signed too close to a wedding day.
Think of it like a contract
If you’re a business owner, you have a lot of experience working with contracts. You know that the business needs to be protected and that everyone’s position needs to be defined. That’s just as true in a marriage, and a prenup can do that for you.
If you decide that you want to use a prenuptial agreement or if you’re getting divorced with one in place, you definitely need to know how they work and what legal options they provide.