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March 2019 Archives

Good reasons to get a prenuptial agreement

Getting married is generally cause for excitement for Tennessee residents who are planning their weddings. However, it is important to not let the excitement interfere with efforts to plan for after the wedding comes and goes. While a prenuptial agreement may not be the most romantic part of married life, it is a critical step on the road to marriage. As no one can predict what the future holds, some say it's a good idea to account for as many scenarios as possible.

Prenuptial agreements mandated by Modern Orthodox rabbis

Prenuptial agreements are growing more popular in Tennessee and across the United States. While many people think of prenups as solely a matter for celebrities or the ultra-rich, couples can use prenups to address situations that fit their own unique needs. As more people marry later in life with advanced careers, they may need to clarify their business interests and properties in a document. However, prenuptial agreements can address a wide range of concerns. Approximately 84 percent of Modern Orthodox rabbis in the United States require prenups that aim to prevent the use of a religious divorce as a bargaining chip.

Why prenups are popular among younger people

Although prenuptial agreements may seem a bit unromantic, they can be beneficial for many Tennessee residents. They are especially popular with younger Americans who have experienced a lower level of job and financial security compared to other generations. Millennial women are earning more than females in previous generations, which means that they want to protect their assets in the event of a divorce.

Managing finances when preparing for a remarriage

A previously married bride or groom preparing to walk down the aisle again in Tennessee may have accumulated a lot of assets. For this reason, there is usually a need for individuals to protect accumulated assets and children from previous relationships in the event of divorce or death. It's generally suggested that someone planning a remarriage give themselves enough time prior to exchanging vows to identify their priorities and set immediate and long-term financial goals.

No, your prenuptial agreement can't affect your child's custody

You have a prenuptial agreement, and it talks about what would happen if you and your spouse divorce but have children together. Of course, at the time it was created, you didn't think much about it. You didn't think you'd want to have children, but now that you do have them, it worries you that your prenuptial agreement states how their lives will be handled in the case of a divorce.

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