A Lawyer's Role in Your Prenuptial Agreement

If you are getting married, you should consider a prenuptial agreement. Not only do you need to consider your current income, but you also need to think of your long-term compensation. With this in mind, it’s wise to choose a qualified lawyer who can help you with this legal process. Here are a few things to consider when hiring an attorney to create your prenuptial agreement.

When you decide to obtain a prenuptial agreement, you may be tempted to write your own. This is unwise because one minor error can turn into a huge ordeal in divorce court. True, you can find a template online. But if you are serious about protecting your assets, you should hire a professional specializing in prenuptial agreements.

Anticipating the Future

With an attorney on your side, you will enjoy a few distinct benefits that you'd miss if you wrote your own prenuptial agreement. A qualified lawyer can help you consider your current and future needs. If you are young, you may inherit money and watch your investments grow. An experienced lawyer can help you anticipate this growth and incorporate it into your prenuptial agreement.

Evaluating Assets

A prenuptial agreement requires you to provide detailed financial statements of your current situation. A lawyer can help you tally up your assets. Then, when working with your potential spouse, your lawyer can sit down with his or her attorney and review the drafts. If you fail to correctly account for your assets, you may omit important items and watch as your possessions are taken in court.

Closing Loopholes

If you draft your own prenuptial agreement, you are likely to make mistakes that can cause long-term damage to your case. While you may want to include certain items in your agreement, some of the language you use could actually nullify the whole document. Finding an attorney who has drafted dozens if not hundreds of prenuptial agreements ensures that you won't run into any surprises.

Last Updated: January 20, 2016