The Important Reasons for Having a Prenup

Under the law, there are a lot of consequences that might happen when spouses did not execute a prenuptial agreement. What the law provides in default of such agreement is one which is based on equitable distribution. However, there are certain properties that one might have owned separately before the marriage that have high significance to him or her. With that said, a prenuptial agreement can actually be more beneficial than one might think, and the following are some reasons why:

• Proper distribution of the community property
• Spousal support or alimony for the needing spouse
• Educational support from the other spouse
• Property shares of the children from previous marriages
• Child support for the dependent children
• Proper allocation of debts to each spouse
• The payment of liabilities
• The preservation of family heirlooms

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