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Why to execute a prenuptial agreement before your wedding

The New Year is here, and many couples in Leesburg that got engaged in 2017 are finalizing their plans for their 2018 wedding. Whether they plan on marrying on Valentine's Day in February, or whether they are planning for an autumn wedding this year, it is never too late for them to think about their financial futures, both as a married couple and as individuals. While no couple in love can anticipate divorcing, the fact of the matter is that divorce does happen.

An empty nest could lead to the decision to divorce

When people in Virginia make their marriage vows, they do so with the intention that they will be wed to their partner for the rest of their lives. This is true whether a person marries at age 20 or at age 50. While divorce may not seem likely when a couple decides to get married, the fact of the matter is that in our country anywhere from around 40 to 50 percent of married couples ultimately end up divorcing.

Millennials approach marriage and divorce in new ways

Every generation is unique and is shaped by political events, fads and fashions, changing social mores, and more. When it comes to marriage, a person in Virginia might think that young adults, known as "millennials," do not prioritize loyalty in marriage the way that other generations have. They also may think that millennials do not want to adhere to the same traditions as generations past. However, the truth is that even though millennials may put off getting married until they are older, according to some legal professionals, the institution of marriage is still very meaningful to them. That being said, many millennials also realize that life is too short to stay in a troubled marriage that simply cannot be fixed. Generally speaking, millennials who get married do so with the intention of it lasting, but when their marriage hits the rocks they will not put off getting a divorce.

Ascertain your business's value before divorce negotiations begin

Small business owners contribute greatly to the economy of Virginia. Oftentimes a person or couple with a gem of an idea can develop that idea into a flourishing business. However, just because their business is successful doesn't mean their marriage will be. When small business owners divorce, they must decide what to do with what may be their largest asset -- the business itself.

Are there clues that indicate a greater likelihood of divorce?

When two people in Virginia get married, they are usually in love with each other and anticipate sharing their lives "until death do us part." However, the reality is that not every marriage is meant to last. This may lead some to wonder, are there some factors that indicate that a couple is more likely to divorce?

How to prepare for executing a prenuptial agreement

While love can do many things, sometimes a couple's life changes in significant ways. Couples in Virginia may find as the years go on that they have fundamental disagreements on major life issues, or they may find they have simply drifted apart. No matter what the reason, however, they may come to the conclusion that life is too short to spend in an unhappy marriage, and they are better off divorcing.

Does one's job increase the likelihood of divorce?

Virginians give their all to their jobs, putting in long hours, so they can see their careers blossom. However, the stress of some jobs can lead to marriage stress. When one is unable to find a work-life balance, their marriage can suffer, which can lead to divorce. But, one statistician examined data from a 2015 U.S. Census Bureau survey to determine which occupations saw the highest divorce rate.

When can one seek an uncontested divorce in Virginia?

Some couples in Leesburg who have decided to divorce, have done so relatively amicably. After all, while they may have had many disagreements while married, the one thing that they may finally agree on is that they want their marriage to end. In situations like this, a couple may wonder if they can seek an uncontested divorce. While it is advisable to seek the advice of an attorney before making any divorce-related decisions, if certain elements are met, couples in Leesburg may be able to seek an uncontested divorce.

Why would one want to draft a postnuptial agreement?

Couples in Leesburg who are planning their weddings have a to do list a mile long. They're looking for the perfect venue, the perfect dress, the perfect cake and more. One item that they may have left off their to do list, either purposefully or accidentally, is executing a prenuptial agreement. They may have viewed prenups as unromantic and a sign they were not committed to the marriage, or they may have gotten carried away with the whirlwind that surrounds a wedding and simply never got around to it. In either case, are there any options for couples who neglected to execute a prenuptial agreement prior to getting married?

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Leesburg, VA 20176

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