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Prenuptial agreement: a game of give and take

There are many reasons that someone would want to get a prenuptial agreement before marriage, ranging from wanting to protect their property assets to wanting to make sure there are consequences for adultery. Another important reason to consider is the protection of a family business.

In one situation, the future husband of a woman asked her to sign a prenuptial agreement because he wanted to protect his family business. A prenuptial agreement was not only important to him, but also to his parents. Of course, the young woman wasn’t too keen on the idea, according to her father. The prenuptial agreement not only included the business, but also other items. 

It can be understandable that someone would not want to sign a prenup. After all, for many people the idea of doing so seems unromantic and even shows a lack of trust. But instead of writing off the idea altogether, there are different ways that a not-so-convinced person can think about a prenuptial agreement.

One of the key things to consider is the word “agree” in agreement. This isn’t a document that someone forces you to sign. It’s a document that is mutually agreed upon, with both parties having say. That means if you don’t agree on the terms as they are outlined in the document, maybe you would agree to them if they were set on a time limit. For example, the prenup would end after five or 10 years of marriage, or after having children. These are all options to consider that may make the idea of a prenup much more palatable. 

Source: Philly.com, “Prenup would keep biz in family,” Harry Gross, Jan. 3, 2014 

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