Understanding prenup costs

Prenuptial agreements (a.k.a. prenups) are private contracts between future spouses that outline certain financial obligations, such as property ownership, debt allocation, and spousal support. These are legal documents that are usually drafted by attorneys but can also be done through reputable online companies like HelloPrenup. Regardless of wealth, prenups can benefit a couple by protecting each person’s financial interests and aligning the couple on shared goals. The cost of a prenup depends on how you get one—through an attorney, online, or DIY (which isn’t recommended). It can range from $0 to $8,000 or more, depending on the route you take, your attorney, and your situation.

Traditional attorney-drafted prenup costs

Going the traditional attorney route, where you and your partner both hire attorneys, can get costly. The costs here are determined by several factors, such as your attorney’s hourly rate, the complexity of your finances, the complexity of your requests, and the amount of negotiations that take place between you and your partner.

Attorneys typically charge per hour for prenups (though you may be able to find some that offer flat rates, such as through HelloPrenup’s Attorney Network). Hiring an attorney the traditional way also typically requires a retainer, which is basically just a down payment of a couple of thousand dollars, which the attorney bills against. At the end of the service, you may get some money back if it wasn’t all used, but that’s not always the case—it depends on the attorney.

The cost-effective alternative: Online prenups

Online prenups are on the rise, but not every online prenup is legit. For example, utilizing AI to generate a prenup isn’t recommended, as it may not follow all of the correct state laws and may create an unenforceable agreement. However, with HelloPrenup, you can rest assured that the platform will help walk you through what you need to do to create a state-compliant prenup.

The costs for getting an online prenup can range anywhere from $0 (free online prenup templates that aren’t super trustworthy) to $599 (HelloPrenup’s pricing).

HelloPrenup pricing and benefits

With HelloPrenup, you can get your prenup generated within hours of signing up for just $599. In addition, if you want to speak with a prenup lawyer, you can do so through HelloPrenup’s exclusive Attorney Network for flat rates. You can pay $49 for a 20-minute call with an attorney in your state (and book as many as you need to get the answers you need). Or you can pay an additional $699 to have a licensed attorney review your HelloPrenup prenup, make suggestions, and sign off on it for the ultimate peace of mind. The best part? You do all of it online, even the attorney consultations!

Weighing your options: Attorneys vs. Online prenups

So what do you do? Should you go with the traditional attorney route or the online prenup route? It depends on your budget, your comfort level with online tools, and your goals. If you really love the idea of going into an attorney’s office, speaking with someone face to face and doing it all in person, then going the traditional route may be for you. However, if you prefer convenience, online consultations, and affordability, you might want to consider online prenups. The good news? Through HelloPrenup, you can actually get both an attorney and an online prenup, and you can do it all from the comfort of your own home.

The bottom line

As you can see, prenups have a broad range of costs, from $0 to $8,000 or more, depending on how you get your prenup—through attorneys or online. Nowadays, there are affordable and convenient options that allow you to get a prenup for a fraction of the traditional cost while still having a legally sound document. It all depends on your comfort level with online tools, whether you prefer an in-person vs. online experience and your budget! No matter which route you take, a prenup is a great way to start your marriage on solid financial ground!

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