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Do you know the benefits of a prenuptial agreement?

If marriage is on the horizon in Miami, now is the time to think about a prenuptial agreement.

Of course, this isn't something you can create on your own without input from your soon to be spouse. Instead, you need to discuss this legal matter in great detail. This is the only way to ensure that the both of you are on the same page.

It is never easy to talk about a prenuptial agreement, as this is something that only comes into play if you divorce your spouse in the future. Even so, when you take the right approach, it is something that both people can benefit from.

Here are some of the many benefits associated with a prenuptial agreement:

-- It allows you to protect the inheritance rights of any children you have from another marriage.

-- It can protect any business interests.

-- It can help protect you if your spouse is bringing a lot of debt into the marriage.

-- It can limit the amount of alimony that a spouse will be required to pay upon a divorce.

-- It can protect the property that you bring into the marriage, ensuring it remains yours in the event of a split.

When you understand the benefits of a prenuptial agreement, you may soon realize that it's something that could work for you and your spouse.

The best thing you can do up front is to discuss this with your partner. From there, work with an attorney to ensure that the prenuptial agreement is exactly what you want it to be.

Source: FindLaw, "Pros and Cons: Premarital Agreements ("Prenuptials")," accessed Aug. 31, 2016

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