By Rebecca Wade

When people hear “prenup,” they often think “divorce.” And while soon-to-be-newlyweds may not want to think about getting a prenup as their wedding day approaches, the agreement can provide financial protection in the long run.

What are the benefits of getting a prenuptial agreement?

So what are the benefits of getting a prenup? Family law attorney Rebecca Wade weighs in saying, “A prenup allows you to go into the marriage with set parameters for what will happen to the money that’s earned during the marriage. Let’s say you earn 60% of the income during the marriage. If you have a prenuptial agreement and get divorced, you will keep 60% of the earnings.” Prenups can also help establish your own rules for property division and limit potential spousal support.

What can I do if I got married without a prenup?

However, if a couple gets married without a prenup, they still have the option of getting a postnuptial agreement. “A postnup is a contractual agreement drawn up after a couple gets married that determines how to divide assets, maintain assets and handle spousal support,” says Wade. “Postnuptial agreements are considered equally valid to prenuptial agreements. It does not matter if the agreement is signed before or after the marriage.”

When to contact an attorney

It’s important to recognize that every couple’s situation is different, so a prenup or postnup may not be necessary for everyone. It’s best to contact an experienced attorney to determine what the best course of action is for your specific circumstance.

About the Author

This is a photo of Rebecca Wade. She is a family law and criminal defense attorney at Old Town Lawyers.

Rebecca Janet Wade

Rebecca Wade is a partner at Wade Grimes Friedman Meinken & Leischner PLLC, practicing in all areas of family law and criminal law having experience with protective orders, divorce, child custody and visitation, child protective services investigations, juvenile delinquency, and criminal charges.

Wade has been named a 2023 Best Lawyer in America by U.S. News & World Report, a 2023 Super Lawyer in Northern Virginia and Washington D.C., and a 2020-2021 Top Lawyer by Northern Virginia Magazine.

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