If you are one of the many divorced parents in California who has found a new love again, you no doubt may feel as though the future is once again bright. Certainly that is important especially if you and your new partner are looking to formalize your relationship by getting married. However, before you rush in and take your vows, CNBC suggests that stepping back and putting a good prenuptial agreement in place is important for your kids.
Before you dismiss the idea of a prenup as unromantic, consider that this type of contract may not need to be just about protecting you from another potential divorce but it may also protect your children and your future stepchildren. If your children are young, it is essential that you ensure they can be financially cared for if you die early. If your children are older and maybe even have children of their own, you may want to make sure that certain assets, especially treasured family heirlooms, go to them after you die. If you do not outline these things in writing, you cannot guarantee that this will happen.
Creating a prenuptial agreement before a second or subsequent marriage also forces couples to talk openly about finances which can be a big source of stress in marriages. This may actualy benefit your relationship.
If you would like to learn more about the many benefits of marital contracts for blended families, please feel free to visit the prenuptial agreement page of our California family law website.
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