Prenup conversations are never easy, regardless of the client’s sexual orientation. It is critical that advisors working with same-sex couples on prenups frame the conversation as protecting both parties to the marriage and not as an adversarial exercise. It’s also important to emphasize that no prenup is written in stone. Married partners can always alter or dissolve the agreement. The ultimate goal of any prenup is greater financial clarity and a stronger marriage bond.
Bruce Hoffmeister is vice president and wealth strategist at Wilmington Trust. He is responsible for developing and implementing financial, estate and wealth transfer plans for high-net-worth families and entrepreneurs. He has more than two decades of experience in estate and financial planning for high-net-worth families and owners of closely held businesses.