With our beautiful beaches and opulent venues, it’s always a popular time to start planning a Florida wedding. Many brides- and grooms-to-be turn to family, friends, and popular websites for lists to prepare for the “big day.” But life is more than just the “big day.” Marriage is, ideally, a long-term commitment and a serious financial partnership, and that’s why many couples are adding a Prenuptial Agreement to their wedding planning checklist.
As a longtime family lawyer, I know that when wedding season heats up, my incoming call volume spikes. When it isn’t the bride- or groom-to-be on the other end, it may be a concerned friend, parent, family member, or business partner, and the hot topic of conversation is often a potential prenuptial agreement.
Some interested parties cite headlines from popular media about the millions of dollars and agony saved with celebrity prenups; others mention family estate or business succession planning. Some people seeking a prenup are trying to plan for prior children, and some are toxic divorce survivors looking for a different experience. The reasoning is diverse, but the demand for prenups is strong.
Sitting down and talking about unique financial circumstances and plans for the future may get thorny, but avoiding these conversations can leave both parties ill-prepared and ill-informed for the road ahead. If a prenup is right for the parties, and the parties want to be married on their own custom terms, personalizing such provisions can take time. Under Florida law, a prenup’s accompanying financial disclosure may also take time, especially if either of the parties owns any business interests or other complex assets. Waiting until the last minute may create potential enforceability concerns, like duress, and cost the parties more in attorney’s fees and costs. Accordingly, it makes sense to start these conversations early, plan ahead, and execute any agreements well in advance of the wedding date.
Need more information to determine if a prenup is right for you and your spouse-to-be? Click here to read more information about prenups, including potential benefits: Prenuptial Agreement.
BONUS: For your post-marriage checklist, and after any substantial change in life, a review of your estate plan or a new estate plan is often appropriate. Click here for more information about estate planning services: Estate Planning.
This is NOT LEGAL ADVICE. It is intended for informational purposes only and should not be relied on to make any legal or other major decisions. If you have specific questions or inquiries regarding any of this information, you should consult with an attorney licensed in your state.