Some scenarios where a prenuptial agreement is ideal include:
One partner is far wealthier than the other
This ensures that one partner is not simply marrying the other over wealth
Avoiding incursion of debt
A prenuptial agreement can ensure that one partners incurs the other partner’s debt
One partner is a partial business owner
If a marriage ends, the ownership of a business may be “up for grabs,” much to the dismay of company stakeholders.
These are just a few scenarios of course. While a prenuptial agreement may seem unromantic, it’s important to note that the number one cause of marriage failure is finances. A prenuptial agreement can relieve some of the pressure on finances difficult times may impose.
Unfortunately, divorce law tends to get a bad reputation. But the fact of the matter is that marriage is in many ways the fabric of our society and its implementation (and the unfortunate dissolution) requires an established law. A good divorce attorney can actually help this painful transition. Divorces need not be long, drawn out and combative. Divorce attorneys provide for many alternatives including collaborative law, which essentially avoids some of the more negative aspects of divorce procedures.
Not too long ago, The Wall Street Journal compiled data on divorce rates across states. Nevada topped the list with the highest divorce rate. Massachusetts had the lowest.
States with Highest Divorce Rates
- West Virginia
States with Lowest Divorce Rates
- District of Columbia
Indiana and California divorce rates were not available for this study as divorce rate statistics for California were incomplete.
Divorce Law Facts provides useful information on divorce law, including a variety of divorce facts and statistics.