Divorcing your spouse can disrupt your life in numerous ways while you negotiate a fair settlement. If your partner has narcissistic characteristics, you may face an uphill battle trying to get what you deserve.
Having a prenuptial agreement could ease the volatility often associated with divorce. If well-written and properly maintained, your agreement can provide clarity, as well as improve the efficiency of your split.
Guard your finances
One of the most common repercussions of divorce is its impact on your financial stability. Your standard of living might change as you acquire new responsibilities and lose the income and financial support of a spouse. If you have significant assets such as a business or an inheritance, you will want to maintain rightful ownership of them. According to U.S. News, having a prenuptial helps you keep control of your investments. Similarly, you can guard assets that you had prior to marriage.
Prevent disagreements
Disagreements about who gets what can take months or even years to resolve. Even then, you might not feel satisfied with the outcome and continue to suffer the repercussions of your split. A prenuptial agreement clarifies the settlement of various aspects if a split happens. During proceedings, your legal team can reference your former agreement to gain insight.
With a lower risk of disagreements, the time it takes to finalize your split might decrease. With fewer resources going to your divorce, you can focus your energy on rebuilding your future. At the very least, if you anticipate remarriage, consider a prenuptial agreement to prevent similar difficulties from happening again.