More and more people are choosing to wait and get married later in life. With the high divorce rate throughout the country, these couples are also making the practical choice to create a prenuptial agreement prior to the marriage. Whether one is approaching marriage or has been married for years, family law professionals in Georgia can assist them in creating pre- or post-nuptial agreements.
While some think that creating a plan for property division in the case of divorce dooms a marriage, other consider it an opportunity to get on the same page. Many assets and debts are joined together when a couple gets married, and understanding the finances and property that one brings into that relationship can be quite beneficial. Creating a prenuptial agreement can be especially appealing to couples moving into a second marriage or creating a blended family.
A prenuptial agreement can allow one to protect an inheritance, retirement plan or a business. Those who are already married may not be able to create this agreement, but they still have the possibility of a post-nuptial. While one may not have nearly as much negotiating power after the couple has already been wed, this agreement can form an outline for possible property division later on.
Pre- and post-nuptial agreements allow couples to take into account each individuals’ assets and debts that are being brought into the marriage. Georgia family lawyers with experience in creating these agreements and property division can be incredibly helpful as one determines how things would be divided if a divorce were to occur. Those planning a wedding or those who have been married for several years can seek the guidance of legal professionals in creating one of these agreements.
Source: wfmz.com, “Life Lessons: Prenups: I do or I don’t“, Nancy Werteen, April 20, 2017