You are getting married to the love of your life, and you don't want to do anything that could jeopardize that relationship. People have been telling you that you need to get a prenuptial agreement, but you think that might insult your partner and that your relationship will suffer as a result.
While a prenuptial agreement could be insulting in some cases, it doesn't have to be. It can be a good way to talk about finances with your soon-to-be-spouse and to get your thoughts and feelings out in the open. The prenuptial agreement can also benefit both of you, depending on how it's drafted.
If you have a high net worth, it may be at risk if your spouse decides to get a divorce or if you choose to get a divorce in the future. When you get married, assets that appreciate and shared finances suddenly become marital property. This leaves you open to a potential for a serious loss upon divorce.
You may not believe that your marriage will ever end, but with a relatively high divorce rate in the United States, you can never be too careful. A prenuptial agreement can protect you and your spouse, though. You may want to include a limited payout in the case of a divorce in the prenuptial agreement or agree on how you'll split your assets ahead of time. You can limit each other's risk by separating your debts and taking them on individually as well.
Prenuptial agreements don't have to be a negative. Looking at them from a business standpoint helps take the emotion out and gives you a chance to make a responsible decision. Our site has more on the importance of good financial planning.