So the venue is booked, invitations out, you have checked and rechecked your TO DO LIST. You are all set for your Big Day, or are you really?
When in love couples do not foresee that the marriage may end on not so happy terms. We are blinded by love… A pre-nup (anti nuptial contract) is not only intended for divorce but also during the marriage, read on for 4 reasons to get a pre-nup.
#1 YOUR CREDIT RECORD IS NOT LINKED TO YOUR SPOUSE
If your fiancé has a bad ITC credit record, marrying without a prenuptial agreement (also called ante nuptial contract) exposes your to your future husband/ wife’s bad ITC credit record and closes the doors for you to get credit.
#2 YOU DO NOT MARRY INTO DEBT
If your fiancé has a tendency to rack up debt, you marry into debt and you will have to take responsibility for the payment of that debt. To avoid taking responsibility for your spouses’ debt you should get a prenuptial agreement (also called ante nuptial contract.).
A prenuptial agreement protects you from your spouses’ debt and safeguards your property when your spouses’ creditors want to recover their debt from your spouse.
#3 PRENUPS HELP AVOID STRESSFUL SITUATIONS
Divorces are emotional and can be long and drawn out. A vengeful husband or wife can try to take all properties.
If you have a prenuptial agreement there will be less arguments, less stress and your divorce process will be shortened. Your prenuptial agreement will determine the terms of your divorce and who gets which properties.
#4 PRENUPS PREPARE YOU FOR THE UNKNOWN
When people marry they hardly ever foresee any disaster for the future. Your business may not be going well opening you up to bankruptcy, and a spouse may show their true colours as a Gold Digger much later in the marriage.
A prenuptial agreement prepares you for the unknown, and acknowledges that your happy marriage might be over some day, and neither party will be overwhelmed by it.
Need a pre-nup? Contact us today
WILLIAMS LEGAL PRACTITIONERS (NAMIBIA)
+264 61 435 8239
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