ST. CROIX INSIGHTS

Photo by Alvin Mahmudov

Yes, I firmly believe everyone needs a prenup. No, I don’t believe it has to take the love or romance out of your relationship.

Not everyone agrees with me. In fact, no one is on my case about this subject more than my wife, Mrs. Anderson. Every time I mention prenuptial agreements, she says they’re not right, they kill the love, that future spouses should trust in their relationship. But the harsh reality is that regardless of how deeply in love we are, the future remains unpredictable.

In the event of a death or divorce, if we haven’t made our own plans, the government makes them for us. Isn’t it in everyone’s best interest to have an open and honest conversation around these topics? In the event of a divorce, wouldn’t you want clarity on how your investments, checking accounts, and other finances will be handled?

Make big decisions before making the big decision.

If there’s one thing more romantic than marrying the person you love, it’s marrying the person you love secure in the knowledge that there’s a plan in place for dealing with your finances in any contingency: for better or for worse, in sickness and in health (you know the rest).

With everything agreed upon ahead of time, you and your spouse can move forward together in security and trust. That’s why everyone needs a prenup: the only people who lose financially in this process are the divorce attorneys!

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Ask yourself- can my portfolio support my lifestyle in my retirement?