Despite the growing popularity of prenuptial agreements (or “prenups”), they’re not always the best option for everyone. In some cases, a prenup can end up doing more harm than good in the event that the couple files for divorce. Here are a few reasons why a couple might want to skip the prenup.
When should a couple skip the prenup?
If the couple can’t afford to hire an attorney, they might want to skip the pre/postnuptuals altogether. On average, hiring an attorney for a prenup costs around $2,500. Weddings are already expensive, and a prenup can add another fee to the pile.
Some couples might elect to search for a cheaper attorney, but that’s not always the best option. A poorly written prenup can make a divorce even more complicated. If a couple can’t afford a high-quality attorney, they might want to skip the prenup altogether.
Additionally, some couples might prefer to stick with the state laws in the event of a divorce. Some states split the couple’s assets evenly, while others rely on the judge’s discretion to divide up the assets. If a couple would prefer to stick with the state laws, signing a prenup would just make the situation more complicated.
Where can couples go for assistance with prenups?
If the couple does decide to write a prenuptial agreement, they might want to get in touch with an attorney. An attorney might be able to help them evaluate their assets and figure out what they want to protect in the event of the divorce. The attorney might be able to help them draft a clear, legally-binding document that can protect their assets and make the divorce process easier. If they decide to sign an agreement after getting married, the attorney might also be able to help them prepare a postnuptial document.
