As a family law attorney, I feel that everyone contemplating marriage should consider a prenuptial agreement. However, drafting and signing a prenup isn’t for everyone. Here is a brief quiz to help you decide whether you and your intended should get a prenup. Each of you should answer each question, and then compare answers.
- Do you own any real estate?
- Do you own other significant assets?
- Do you own a business (either by yourself or with partners)?
- Do you have more than $10,000 in debt?
- Are you earning more than $100,000 a year?
- Will one of you works while the other pursues additional education?
- Will all or part of your estate go to someone other than your spouse? (This is often the case if there are children from a previous relationship.)
If you or your fiancé(e) answered any of these questions with a “yes,” you should consider consulting a family lawyer about drafting a prenuptial agreement.
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