Whether or not you continue a prenup, you should work with Ben to prepare your respective estate plans and agents, also known as your will. Savage also suggested that you take out life insurance on Ben, which will remain in effect even if you don`t stay together. Finally, keep in mind that prenups should always be renegotiated as long as you agree on the amendments and follow the correct legal protocol. A prenup manages expectations about what happens during divorce and after divorce. “Without a prenupe, state laws would determine what will happen to your future if you and your spouse separate,” Theresa Viera, a family lawyer at Sodoma Law, told Business Insider. A marital agreement gives the impression that there is no commitment to each other. Now that you have found someone to represent you, also ask your future spouse. “It`s really important that both parties have their own lawyers to advise them specifically on the terms and provisions of the agreement,” said Raymond Hekmat, a Beverly Hills lawyer who specializes in prenupes. And not just any lawyer, but someone who understands family law. “Some people go to business lawyers or estate planning lawyers, and many of these prenuchers lack the nuances of family law that are important to include them in a valid marriage agreement,” he adds. Marriage contracts may be cancelled due to the non-disclosure of all property or the existence of evidence of fraud, coercion, unfairness or non-representation at the time of signing the agreement. “Preconjugal agreements can be decisive in protecting the interests of both you and your close spouse,” says Ted Bond, who has established a family and business practice in Illinois. “While many couples avoid discussing this troublesome topic, a marriage deal can become very valuable in the future.” Read more: 4 reasons why you don`t want to sign a prenup if Ben introduces you to one, don`t sign it.
Instead, Israel recommends that you and Ben begin mediation together. “If you want a prenup, start with an empty slate and consider the problems with a mediator. Once you have found what you want, the Ombudsman can create a terminology sheet that any of your lawyers can verify. It`s better to start from scratch than let your lawyer send a scorched scorched prenup that your lawyer has to take. (Yes, you need your own lawyer, and that lawyer should not be someone Ben or someone in his family has recommended.) Mediation will cost a little more than the traditional lawyer-to-lawyer format – Israel ballparks $5,000 for the Ombudsman and $3,000 to $4,000 for each of the auditing lawyers, compared to about $5,000 to $6,000 per party if you go to the lawyer. But Frawley points out that preconjugical agreements can be difficult because you are dealing with the unknown and it is being negotiated at a time that should be a happy period of marriage planning. Although Ben lives humbly, his family has money, and he had the idea of getting a marriage deal (Ben`s older brother and sister also signed prenups in their marriages).