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Three reasons why you should consider getting a prenup

Business Insider had a good recent article on why you should consider a Prenup Agreement, especially if you are a Millennial -

"Prenups are worth considering for various reasons, especially if one partner has more assets than the other, one or both partners have investments, or if you plan to have a family.

If one spouse has more tangible value than the other, a prenup may be worth considering. This is especially true if you own real property or other high-value assets, or plan to acquire any during the marriage, Viera said.

Another thing to consider: If one partner earns significantly more income, especially if they want to pay little to no alimony. "If your take-home pay is far less than that of your spouse, it could be wise to make sure you'll have support in the future," Johannes said. "By agreeing ahead of time on the amount, duration and type of alimony, the prenup can help secure your financial future."

But value isn't limited to a bounty of assets or more money — it also counts when there's a lack of value, like debt, whether it's student loan debt or credit card debt."

The full article is here.

Want to talk about a Maryland Prenuptial Agreement? Contact us today.

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