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In what ways can Massachusetts prenuptial agreements help?

Many Massachusetts residents have considered signing prenuptial agreements. Sometimes, however, uncertainty or misconceptions have prevented them from doing so. There is much about prenuptial agreements that may prove confusing. However, having an understanding of some basic elements can help clear up some confusion, making it easier for couples to decide if a prenuptial agreement is right for them.

Some may be unsure as to what ways, exactly, a prenuptial agreement can help. A prenuptial agreement can help couples accomplish a number of goals. One big goal that many couples have is they wish to protect marital assets. They may also wish to prevent one of the spouses from passing on debts to the other spouse. A prenuptial agreement can accomplish both of these goals. It can also lay out the financial rights and responsibilities the spouses will have during marriage.

Determining how property will be distributed after divorce is another goal shared by many couples. A prenuptial agreement can help ensure property division proceeds as smoothly as possible. As many are aware, the lengthy divorce battles that can result from a property division dispute can cost couples a significant amount of money. A prenuptial agreement can prevent financial ruin by ensuring that a property division fight is less likely to occur.

A prenuptial agreement may not be the most romantic notion, but it is certainly often a prudent one. Such an agreement can help ensure that any number of nightmare divorce scenarios do not come to fruition. Couples often have different goals they wish to accomplish with a prenuptial agreement. Attorneys are available to potentially help couples ensure that these goals are accomplished and their wishes are carried out in the event of divorce.

Source: FindLaw, "Can Prenuptial Agreements Help?," Accessed on February 1, 2016

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