There are numerous benefits associated with a prenuptial agreement:
- It puts the power of property settlement in your hands, instead of to the court.
- It makes the business portion of the divorce (separation of assets, property, etc.) much easier to handle & the legal fees are much less.
- It protect any personal businesses from becoming community property or from a spouse receiving voting rights or becoming a shareholder in the business.
- It can even protect you from creditors. For example, if your spouse came into the marriage with a lot of debt, a prenuptial agreement will protect you from being pursued by his/her creditors. The last thing you would want to deal with following a divorce is having your spouse’s creditors harassing & threatening you.