Prenuptial agreements—once thought of as something only necessary for the wealthy—are becoming increasingly common among couples in Iowa. While the topic can be uncomfortable to discuss during the excitement of planning a wedding, a well-crafted prenuptial agreement can offer clarity, protection, and peace of mind for both partners.
At Feitelson Law Firm, our family law attorney in Des Moines helps individuals and couples create prenuptial agreements that reflect their financial realities and future goals.
Changing Views on Marriage and Money
Today’s couples are marrying later in life, often after establishing careers, accumulating savings, or acquiring property. Many also bring debt into a marriage, from student loans to business liabilities. As a result, there is a growing awareness that marriage involves not only emotional partnership but also legal and financial entanglements.
A prenuptial agreement is a legally binding document created before marriage that outlines clear terms for managing finances, property, and debts during the relationship and for dividing them in the event of divorce or separation. Rather than signaling a lack of trust, many view prenuptial agreements as a practical and proactive way to prevent future misunderstandings or disputes.
What Can Be Addressed in a Prenuptial Agreement?
Prenuptial agreements can be tailored to each couple’s needs, but standard provisions are common.
They include, but are not limited to:
- Division of property and debts acquired before and during the marriage.
- Spousal support(alimony) terms or waivers.
- Rights to business interests or investments.
- Protection of inheritance or family assets.
- Handling of jointly acquired property.
Child custody and child support cannot be decided in a prenuptial agreement; these matters are determined based on the child’s best interests at the time of divorce. However, nearly all financial issues can be negotiated in advance.
Benefits of a Prenuptial Agreement
There are several reasons why couples in Iowa are choosing to create prenuptial agreements.
They include:
- Financial Transparency:Creating a prenup requires full disclosure of each person’s assets and debts, helping both parties enter the marriage with honesty and clarity.
- Asset Protection:Individuals with significant assets, business interests, or family property can protect those resources from division during a divorce.
- Debt Protection:A prenup can shield one spouse from liability for the other’s pre-marital or future debts.
- Simplified Divorce Process:If divorce occurs, a prenup can reduce conflict, streamline legal proceedings, and help avoid costly litigation.
- Reassurance and Clarity:Having financial arrangements in place helps couples concentrate on building their relationship without worrying about potential future uncertainties.
How a Family Law Attorney Can Help
For a prenuptial agreement to be enforceable in Iowa, it must be entered into voluntarily, with full disclosure, and without coercion. Each party should also have an opportunity to consult with independent legal counsel.
Feitelson Law Firm works with clients to draft prenuptial agreements that are fair, clear, and legally sound. Our attorney ensures that both parties understand their rights and obligations, enabling them to make informed decisions that protect their interests both now and in the future.
Contact a Des Moines Family Law Attorney Today
If you’re considering a prenuptial agreement before marriage, or if you need one reviewed, contact Feitelson Law Firm. Our Des Moines family law attorney provides trusted, experienced guidance to help you plan for a secure and respectful future together.
