There are harsh realities that not all of us can deal with when it comes to prenuptial agreements. But the sooner that you are aware of these possibilities, it would be better for you and your partner to discuss them to avoid any misunderstandings in the future.
Signing a prenuptial agreement in real life is like the movies
Sure, it could be a bit exaggerated but the scenes in movies about signing a prenuptial agreement is also drawn from real life experiences. Usually, one party will be the one to initiate the agreement, and this party is the one who is obviously wealthier than the other. The wealthy party might not have any ill thoughts into initiating the agreement and most probably only thinking about their family member’s wellbeing in mind.
But the other party might be offended with this, which is also reasonable. If the marriage started with a conflict such as this, both families might have a hard time reconciling since one of the parties made the other feel humiliated. To avoid this, having prenuptial agreement lawyers for both parties who could properly explain the agreement would ease the tension.
Bargaining during signing of a prenuptial agreement kills the romance
Not all married couple could even discuss their shared finances without it ending in a disagreement so imagine how much strain and stress there is when people about to get married start discussing it? When it is being discussed, the possibility of bargaining about the agreement especially if one party is unwilling to sign might be construed as one or both of the parties thinking that their marriage will not last since they are already preparing for the possibility of the marriage being dissolved in the future.
The party who is initiating on the agreement might be seen as someone who is not fully committed and is dubious of the other’s motive. To avoid this, the discussion must not be treated like a business negotiation, rather a discussion of good sense and practicality. You have to remember that drawing up the agreement is not preparing for the worst-case scenario, rather it’s just sound judgment to be prepared for any possibilities. Besides, if you could not maturely and logically discuss this with your soon to be life partner, perhaps you should hold off into agreeing into a lifelong union with them.
A prenuptial agreement is a must if it is not your first marriage
It might be taken as “lesson learned” or when you or your partner is already a parent, it would be wise for the both of you sign a prenuptial agreement. No matter how much you or your partner promised to accept the other’s child from a previous relationship or marriage, they are still not yours and your child or children is still not theirs. At least with the existence of a prenuptial agreement, you and your partner could be sure that even if the relationship turned sour, the kids, are protected.
It is tricky to engage your soon to be spouse with the discussion of a prenuptial agreement. But if you are in a loving relationship, the discussion about an agreement such as this would be dealt with an open mind.
