Why a Young Person Needs a Prenup

marriage Jul 28, 2023

If you're young and getting married, you might thing you don't need a  prenuptial agreement, or prenup. You don't have a high paying job or you don't have many assets. So you don't need to protect it with a prenup. Right? Wrong.

A prenup can be a good idea for a young person getting married for the first time because it can help protect their assets (even if they're small now) and financial interests (both now and in the future!) in the event of a divorce. It also can help set clear expectations and understandings about financial responsibilities and assets during the marriage.

Some things that you may want to include in a prenup: 

  • How property and assets will be divided in the event of a divorce
  • Establishing separate property, which is property that each spouse owned before the marriage, and will be returned to them in the event of a divorce
  • Each person's financial obligations during the marriage, such as how bills and expenses will be paid
  • Providing for spousal support in the event of a divorce
  • What will happen to any jointly owned business

It's important to note that prenups are only legally binding if they are voluntarily and knowingly signed, and if they are not considered to be unconscionable. It's also important to consult with a lawyer before creating a prenup. Laws differ from state to state, and it's important to ensure the prenuptial agreement will be legal and enforceable in the state where the couple resides.

Find your money.

Join our mailing list to receive emails from us that include helpful information and tips on finding the money in your divorce. Win the money you deserve in your divorce!

We hate SPAM. We will never sell your information, for any reason.

The Divorce Money Guide

This Is Your Key to Finding Hidden Money and Assets

This Guide walks you through everything you need to know to find out exactly what your family's money was spent on and to uncover hidden financial fraud in your marriage.

This is your chance to find the money.... before you agree to any settlement in your divorce.


Get the Guide