Hillary Duff and Mike ComrieTo a romantic's eye, Hilary Duff and Mike Comrie made a great choice, turning their back on a lavish event in favor of an intimate ceremony for family and friends in Santa Barbara last Saturday night. To the legal eye, they made a great choice too, opting for a prenup.

Page Six reported that the couple signed a prenuptial agreement before tying the knot, as Comrie's father founded the retail outfit The Brick in Canada and his fortune is estimated to be $500 million.

We must commend the happy couple for the wise choice. One might think the prenup takes the romance out of marriage by putting money before vows, but it's a vital tool to have when there is big money at stake between you and your partner.

A prenup doesn't sound romantic. Also called an antenuptial agreement, it's that written contract created and executed by two people before they are legally married. It usually spells out how assets will be distributed in the event of divorce or death.

And contrary to public opinion, prenups are a fabulous financial planning tool that can help resolve many issues regarding property ownership, resolution of debts, division of business interests, spousal support and other asset-based issues that arise during a marriage when divorce is the only option. Prenups have been in existence for thousands of years, dating back to European royal families. Prenups can save you a great deal of time and money if your marriage doesn't last. It's a vital tool to have when there is big money at stake between you and your partner and if your families have large estates. If you don't believe me, ask Donald Trump.