Premarital Agreements aren't Just for the Wealthy

Now that it's cuffing season, it's a perfect time for the newly engaged to consider a premarital agreement. Pre-nups aren't just for the ultra wealthy.

Think of Bethany* and Keith*. They have been together for 6 years and recently got engaged. They don't own a house but Keith has a steady high 5-figure job and makes sure to max his Roth. Bethany is finishing up her residency and has student loans galore. 

Both of them come from parents who were divorced and so they want to be prepared for everything. A premarital agreement can help. They were able to work through my exhaustively long 168 question worksheet to figure out what their values were, what they wanted their life to look like, and what they wanted the end of their lives to look like. 

Now they don't have to worry about whether something bad might happen. It's all written out- plans A through Z- in that premarital agreement.

*Names changed to protect confidentiality