Massachusetts readers may be aware that a prenuptial agreement can be created by a couple before they enter into a marriage. This type of agreement can be helpful if the marriage doesn't work out and the pair seeks a divorce. In fact, by pre-planning, many of the issues that often become contentious in a divorce can be more smoothly handled.
A prenuptial agreement can be created in Massachusetts between two people seeking to get married. The issues covered by such an agreement can include the potential spousal support paid to a person at the time of a divorce. Funds for a child can also be included in the document, though not child support itself.
It is also possible to make such agreements after a marriage. This type of agreement is called a post-nuptial agreement. It can be made by spouses and is common in cases where a couple may be considering reconciliation after a major event such as infidelity. In such situations, the agreement can detail what will happen should the couple decide to end their marriage despite efforts to reconcile.
Regardless of the reason that a marriage in our state ends in divorce, an agreement as to the division of property can benefit those involved. Though it can be hard to consider making such determinations while also planning a wedding, it is wise for those who have large assets to consider. The peace of mind that is offered by pre-planning can be a benefit to everyone and answers many questions should the marriage not work out.
Source: Fox Business, "Why You Should Consider a Prenup," Andrea Murad, Feb. 4, 2013