Do I really need a prenuptial agreement?

Yes. Although many couples might find it rather unromantic to discuss signing a prenuptial agreement, if either of you has been divorced, then you already know how important a prenuptial agreement can be. In the event the marriage does not work out, your prenuptial agreement may prevent you from losing your own property. The agreement will also give you the peace of mind of being able to create your own personal estate plan that leaves your property to the beneficiaries of your choice. A well-thought-out agreement will avoid misunderstandings and prevent problems from developing later.

Unfortunately, many couples avoid discussing a prenuptial agreement because they do not want to appear distrustful. A better approach is to go into a new marriage with a clear understanding of what belongs to each spouse and what will be jointly owned. For all these reasons, it is a good idea to have a well-drafted agreement in place before your wedding.