Divorcing parents who have multiple children may believe that they have to deal with more challenges than couples with just one child. After all, they have to help kids of different ages cope with all of the changes to their lives and work out a custody arrangement that considers all of their needs and schedules.
When couples with children divorce, the parent who gets primary custody often tries to remain in the family home so that their children don't have to leave their school, their neighborhood friends and so much else that's familiar to them. However, that's not always financially feasible.
If you and your spouse-to-be have waited to tie the knot until you were established in your careers and perhaps even bought your own homes and have healthy savings and investment accounts, you're not alone. Many Americans don't even begin considering marriage until they're well into their 30s or older. Many more marry for a second time with far more assets and responsibilities than they had the first time around.
Once you and your soon-to-be spouse decide in favor of creating a prenuptial agreement, it's time to turn your attention to the details you'll include.
If you didn't get around to creating a prenuptial agreement, regardless of the reason, you may want to consider a postnuptial agreement -- widely known as a postnup.
If you've decided to divorce, your immediate attention will turn to matters regarding child custody, child support, spousal support and property and debt division.
Asking for a divorce can be one of the tensest situations you ever face. This is particularly true if your spouse doesn't know how you feel.
Although every aspect of the divorce process is important, it's hard not to focus most of your time and attention on property division. The steps that you take to prepare yourself will impact how you negotiate with your soon-to-be ex-spouse, as well as which assets you receive in your settlement.
As your wedding day gets closer, you will soon realize that you only have a limited period of time to ask for a prenuptial agreement and work through the many details. This should push you toward the conversation sooner rather than later.