Prenuptial agreements aren’t about mistrust; they’re about protection, says a financial planner.
Having a prenup is similar to having insurance — it’s not something you plan to use, but it’s there if you need it.
A prenup can be helpful from a financial planning perspective, whether it’s designed to help both spouses keep what they brought into the marriage, or protect something specific like a family business.
SmartAsset’s free tool can find a financial planner to help you take control of your money »
Getting a prenup isn’t inherently pessimistic.
Ylisa Sanford, an Ameriprise private wealth adviser and financial planner, says having a prenuptial agreement — a legal document that determines how your assets are distributed should your marriage dissolve — isn’t about being negative. It’s about being protected. See the rest of the story at Business Insider
NOW WATCH: Here’s how to escape a flooding vehicle
It might be tempting to borrow from your 401(k) to buy a house, but experts say it’s almost always a bad move you’ll regretI got a $500,000 life insurance policy online in minutes, and it only costs me $22.50 a monthI’m a financial planner, and I have 5 tips to get the most from any financial adviser you hire
To discover more visit: feedproxy.google.com