Lynette Paczkowski Writes “10 Things I know about … Prenups”
When people hear “prenup,” they might think this type of agreement is only for celebrities or wealthy individuals, but prenuptial agreements are practical legal tools that can benefit any couple, regardless of their financial status. Whether you’re entering marriage with significant assets, student debt, or simply want to clarify financial expectations, a well-drafted prenup can help lay the groundwork for a transparent and secure partnership. To shed light on this topic, Lynette Paczkowski outlines 10 key facts everyone should know about prenups. Here is an excerpt from her Worcester Business Journal article:
10) Drafting a prenup is not divorce planning; it is an extension of estate planning. Without a prenup, the court may make decisions regarding your assets that are inconsistent with what your estate plan otherwise provides.
9) Prenups are not only for the wealthy. Many people assume they are only useful to protect family money or against a gold-digger. Regardless of your net worth, prenups may insulate you from your spouse’s debt, reduce contested issues (aka future legal fees) in a divorce, and retain your ability to provide for children of a prior relationship.
Continue reading “10 Things I know about … Prenups” on the Worcester Business Journal website (subscription required).
Categorized: News
Tagged In: marriage, prenuptial agreements, financial planning
