If you are getting married this year, you are likely focused on your hopes for the future and building a life with someone you love. As you envision a shared future filled with promise and potential, it’s wise to consider how you can safeguard those dreams.
While you might not have millions in the bank yet, you probably have something equally valuable—ideas, side businesses and dreams for the future. Let’s talk about a practical step that many smart couples take before saying “I do:” signing a prenuptial agreement.
Entrepreneurial spirit deserves protection
Many people have side hustles or startups in addition to working a regular job. A prenup is an agreement you and your future spouse create before marriage. This legal document spells out what happens to your assets if, down the road, you divorce. It is not the most romantic of gestures, but it is the most practical. A prenuptial agreement can specifically protect:
- Business ventures: If you’re building a company, a prenup can ensure you maintain ownership and control.
- Intellectual property: Protect the copyrights, trademarks and patents you created before marriage.
- Future earnings: Establish how you will handle growth and earnings accumulated during the marriage.
These protections matter whether your venture makes $500 a month or becomes the next big thing. Your creativity and hard work deserve clear boundaries, even in a loving relationship.
What happens without protection?
Without a prenup, Georgia law might not protect your business interests the way you expect if you ever split up. Many professionals and entrepreneurs face tough situations after divorce.
For instance, your former partner could claim:
- Part ownership of your business
- Rights to the profits from ideas you developed
- A share of future earnings from your current work
- Decision-making power in your business operations
A prenup helps avoid these pitfalls by establishing clear boundaries and expectations. This foresight can prevent disputes and keep the focus on what truly matters—your shared life together.
Starting the conversation
Bringing up a prenup doesn’t mean you expect failure. It means you’re practical about protecting both partners. Many couples find that the process creates healthy financial discussions and better understanding.
A prenup isn’t about planning for divorce—it’s about creating clarity from the beginning. By protecting your passion projects now, you build a foundation of honesty and clear communication.
