A prenup is an excellent way to protect you and your assets as you enter into a marriage. In many cases, couples assume that the only option for creating one is working directly with a lawyer, which can be expensive. Fortunately, there is an alternative. Hello Prenup makes prenuptial agreements simple and affordable. Plus, Hello Prenup is an online solution, making it convenient. If you’re wondering if this online solution is right for you, here’s what you need to know.
What Is Hello Prenup?
Hello Prenup is an online platform that was founded by a family law attorney and a software engineer. It’s meant to be a simple solution for couples that want a prenup without the cost of paying for a lawyer.
The platform has specific versions of prenups that are designed to meet specific state requirements in the following states:
- District of Columbia (Washington DC)
- New Hampshire
- New Jersey
- New York
- North Carolina
- Rhode Island
Other states may be added in the future. Couples who live in a state other than the ones listed above can join a wait list to be notified if prenup generation becomes available in their area.
How Hello Prenup Works
Hello Prenup is incredibly simple and intuitive to use. After creating an account, you can invite your partner to join you, allowing you to work collaboratively.
Both you and your partner begin the process by completing individual questionnaires. These help gather information about separate and joint property, including businesses, homes, bank accounts, inheritances, and more.
Once the data is collected, you can move on to the negotiation phase, which is all handled inside the platform. This allows you and your partner to address any inconsistencies relating to answers in your questionnaires, getting you both formally on the same page.
After completing the negotiation, you can download the generated prenuptial agreement. The result is state-specific, ensuring it meets the legal requirements in your home area.
Then, all you have to do is print the agreement and get it signed and notarized. Once that’s handled, your prenup is done, allowing you to move forward with other activities, such as planning your wedding.
The Benefits of Hello Prenup
Generally speaking, this is an affordable option for creating prenuptial agreements, particularly when compared to the price an attorney may charge for the service. The process itself is also straightforward, and you receive state-specific guidance along the way.
You also have the ability to work at your own pace, and you can pause the process at any time. The Hello Prenup approach is also inherently collaborative, allowing you to work together with your partner throughout the process.
Since Hello Prenup is an online solution, you can also complete the process using your preferred internet-connected device. This makes it far more flexible than meeting with an attorney.
Hello Prenup can also create agreements with sunset clauses. These allow couples to choose a data (typically a specific wedding anniversary) where the agreement is deemed no longer necessary, allowing it to effectively dissolve without the need for further action.
How Long Does the Hello Prenup Process Take?
The entire process usually takes just 1.5 hours to complete, though the exact time may vary depending on the complexity of your or your partner’s financial situation. It’s also important to note that you don’t have to finish it in one sitting.
However, you do need to make sure that it’s done quickly enough to align with state law. Some states require that both parties have a minimum amount of time to review the document before signing. For example, California law requires at least seven days for the review process, while New Hampshire requires 30 days.
Make sure you have a printed version of the agreement ready in time to support the full review period before your wedding day. That ensures you’re following local law, maintaining the validity of the agreement.
How Much Does Hello Prenup Cost?
The biggest benefit of using Hello Prenup is it allows you to create a legal prenuptial agreement for far less than a lawyer typically costs. Hello Prenup charges a flat fee for its services, and that comes in at $599 per couple.
How to Choose the Right State
When you select a state for your prenuptial agreement on Hello Prenup, you typically need to choose the state where you plan to reside as a couple. That ensures it aligns with the state that would ultimately enforce the agreement should you divorce in the future.
Is a Hello Prenup Agreement 100% Enforceable?
Any and all prenups, regardless of how they’re created, can be contested during a divorce. Typically, they are held up as long as both parties agree willingly and all relevant information is disclosed during its creation.
If one or both partners withhold financial or asset details during the creation of a prenup, the odds it will be unenforceable during a divorce increase. However, if both partners are open, honest, and sign it willingly, it will typically stand up in court.
Is Hello Prenup Right for You?
Hello Prenup is a simple, affordable solution for couples that want to create a prenuptial agreement before marriage. Generally, it can work for any couple that feels confident in their ability to come to an understanding together.
If you and your partner have differing views on what the prenup should state, have questions about the treatment of specific assets, or have highly complex financial situations or assets, then you may want to consider hiring attorneys. However, if none of that applies, then a solution like Hello Prenup may be the ideal way to handle this part of the equation.
Whether Hello Prenup is the right solution is a decision that is up to you and your partner. Remember, both parties have to agree to participate and must sign the agreement with enough of a time buffer to meet any state-mandated review periods. If your partner disagrees with this approach, then turning to an attorney might be a necessity, too.
In the end, if both partners agree that it’s the right solution and are willing to complete the agreement in a timely manner, Hello Prenup is a solid choice.
Have you tried Hello Prenup and want to tell others about your experience? Is there a reason you’d be hesitant to use Hello Prenup before getting married? Do you wish Hello Prenup was available before you wed? Share your thoughts in the comments below.
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