In contrast to a prenuptial agreement, which stakes out each spouse’s position in case of divorce, premarital estate planning blend the spouses’ separate property into a financial union.
By
Ryan Scharber
When Michael and Jessica, a 40-something engaged couple, made an appointment for premarital estate planning, we assumed (OK,
I
assumed) that they would want to create a
prenuptial agreement
.
Wrong assumption. The couple made clear from the beginning of our meeting that they wanted nothing to do with a traditional prenuptial (or premarital) agreement, which they viewed as a divisive “what’s mine is mine” step in planning for
Continue Reading Premarital Estate Planning: When Marriage Is a Merger