Nick Lachey, Jessica Simpson, Divorce Costs, Divorce Rates, Divorce And Separations, Marriage

Nick Lachey, Jessica Simpson

Jessica Simpson wishes she signed a prenup before marrying Nick Lachey—here's how to know if one is right for you

Jessica Simpson wishes she signed a prenup before marrying Nick Lachey—here's how to know if one is right for you. (via @CNBCMakeIt)

11.2.2020

Jessica Simpson wishes she signed a prenup before marrying Nick Lachey —here's how to know if one is right for you. (via CNBCMakeIt)

Jessica Simpson wishes she'd signed a prenuptial agreement prior to marrying Nick Lachey . But does a prenup make sense for you? Here's what experts say.

Millennial Money If you find it difficult to bring up, remember that you and your significant other are simply planning for the worst case scenario, Malani says. "The purpose behind this conversation is to protect both of you in the event of a divorce. Since it can be very difficult to think and act rationally while going through a separation, the best time to solve for how you'd want everything handled is while you're both still very much in love," she says. Couples can also "ask themselves what's going to help them sleep well at night and ensure that the marriage will be as long and loving as possible," Douglas Boneparth, president and founder of Bone Fide Wealth , suggests. "The biggest, most helpful thing people can do is communicate their thoughts and feelings regarding these things, regardless of how hard it can be." If your partner resists the idea, first make sure you've explained yourself thoroughly by thoughtfully restating your key concerns. You can also reassure them that you have no plans to leave, you're just trying to stay on the safe side. If you still can't come to a unified decision, you may want to seek professional help from a financial advisor or divorce attorney who can give an in-depth explanation as to why it would (or would not) be a good idea to create a prenup in your particular case. Is there ever a time when a prenup is a bad idea? If you or your partner feel this sort of agreement would benefit one party more than the other, you shouldn't sign anything, Marshall says: "A prenup should protect both parties and not just one person." If you feel unsure, "seek financial advice from a financial advisor or accountant who specializes in this," he says. But as long as the agreement seems fair, experts generally agree that there's nothing wrong with creating a prenup just to be on the safe side, even if you plan to stay together for the rest of your lives. "Even if both individuals come into a marriage with little to no assets, it's still advisable to account for things like inheritance, future business activities and stakeholdership," Malani says. "We almost always advise them to consider the positives of such an agreement set in place." Don't miss: Read more: CNBC

MakeIt A prenup for me would especially address any children. It will be stating 50/50 custody and no child support. MakeIt Welcome to equality ladies, enjoy it in all its forms. MakeIt Since they were relevant MakeIt Clickbait Szn MakeIt

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