Peace of mind has its privileges
Continuing with the theme from my previous article, I want to explore why couples with prenuptial agreements might actually be happier. In order to position the following points, let me first start by providing a disclaimer that I’m in no way endorsing prenuptial agreements.
In discussing this particular area with friends, associates and family members, I’ve learned that finances are a very sensitive matter to a number of people. Because of this level of sensitivity, a number of couples are choosing to discuss this matter on the front end of marriage, instead of waiting until divorce is looming and emotions are at their boiling point. Let’s be honest, decisions made when level heads are involved are a lot different than when betrayal, unhappiness and anger take center stage.
Here are a few reasons why entering into a prenuptial agreement may actually make couples happier in the long-term:
Your pre-marital assets are protected. As previously mentioned, divorces often bring out the most vindictive thoughts and actions. Many decisions made with negative emotions running high are often intentionally targeted at hurting the other person. With 50-60% of marriages ending in divorce, it is very likely that you or someone you know could be impacted by this unfortunate reality. If a mutually agreed upon plan already exists, then the two parties involved can follow the pre-established plan for distributing assets brought into the marriage in the event of divorce. Knowing this sensitive matter has been addressed on the front end may remove any paranoia about the other person’s motives on the back end.