Is Having Cold Feet Warning Sign You Should Get a Prenup?

Having cold feed is only natural for anyone tying the knot. Getting married is one of – if not – the biggest – life altering experience you’ll go through.

Now it’s not just you waking up in the morning, you’ll have your significant other right next to you. And if you have kids, you may be rushing them off to school, taking them to soccer practice, dance recital, or having to bail them out of detention. Kids? Wait!

We haven’t talked about even having one, let alone more than one!?! This is where a prenuptial agreement comes in handy. It helps you think about and plan for the future. And it never hurts to talk to your lawyer whenever you are thinking and planning your future – to protect you and your new family’s best interests.

Here are some other reasons a prenuptial agreement should be on every soon-to-be married person’s to-do list.

Avoid Arguing Over Money

One of the most common arguments married couples have is about money. Before you get that joint bank account, buy a new house, or start saving up for your kid’s college fund, you need to know how well your soon-to-be partner handles their finances.

A prenup opens the doors to discussing this in depth, reducing the likelihood of having fights over money and spending later.

Relieves the Emotional Stress of What to Do About the Children?

If you plan to have children – or even if you don’t but accidents may happen – while you’re in a happy and loving relationship, delegating parental responsibilities is easy. Who stays home, and who works? Who takes who to which after school activity? However, if your marriage goes south, emotions often run highest when discussing who gets the kids, how much access is granted to the parent that doesn’t have full custody, and who pays how much in alimony.

A prenup agreement helps sort some of this out, and helps you plan for the future.

Not Having to Sell Your Family Home

Heated emotions also come out when discussing who gets the house. This can be especially painful if the house has been in your family for generations, having it been passed down from your parents, or even grandparents.

A prenuptial agreement helps ensure you won’t have to sell your family home or any other properties or assets you bring into the marriage.

A Prenuptial Agreement Helps You Exit a Bad Marriage

Many people stay in bad marriages because they fear for their children and their finances.

This leads to loveless marriages, where no one is happy, and the kids are constantly wondering why mommy and daddy aren’t talking to each other.

Having a prenup spells out how the kids will be taken care of, and protects your finances, so you won’t end up being stuck in a bad marriage.

A Quicker and Cheaper Divorce

Although divorce is the last thing on your mind as you near your wedding day, if you were to get one without a prenup, it could be a very lengthy and costly experience.

Divorces for those without any prenup can take several years of heated bickering and arguing. And the longer a divorce takes, the more it costs in legal and other fees.

A prenup clearly defines many aspects of a divorce, should you get one, helping cut both the time and the costs involved.

Having cold feet isn’t a warning you should get a prenup agreement, it’s a normal feeling to have during any major life change. However, you should always talk to your lawyer before any major life changes, to ensure you and your family’s interest are looked after.

We Can Help You With a Prenuptial Agreement

To fully prepare yourself for married life and any future that may lead to, consult the Family Law Lawyers at Fine & Associates Professional Corporation in Toronto. We have over 20 years of experience helping clients wisely enter into marriage with Prenuptial Agreements based on our knowledge of Ontario Family Law and our experience with Divorce cases.

For help drafting a Prenuptial or Marriage Agreement, contact us today.