What are the advantages of a prenuptial agreement?

A prenuptial agreement has several advantages and it is strongly recommended that before you get married, you and your spouse create a prenuptial/pre-marriage agreement. This agreement would lay down the terms that would be followed in the event of your getting a divorce or the passing away of a spouse. This helps to keep your property separate and even provide for child/children outside of the marriage. A big advantage of a prenuptial agreement is protection from any debts that the spouse had.

With an agreement in place, there is a lot of peace of mind since in case anything goes wrong, most provisions would be in place. In fact, without an agreement, most property is considered as communal property and division of assets becomes quite difficult, making the divorce process that much tougher to undergo.