While prenuptial agreements may seem to be geared purely towards the rich and famous, they can be valuable and useful tools for anyone about to tie the knot with their significant other. Not only could a prenuptial contract insulate one future spouse’s assets from getting split in a divorce, but during separation or after death.
If you and your spouse are considering drafting such an agreement, retaining a Cumming prenuptial agreements lawyer could be a wise investment in your marriage and your future. Working with a dedicated family law attorney could help you and your family resolve possible major future issues before they even happen.
The most common use for a prenuptial agreement is to list the assets that one individual owns on their own and the assets they are bringing to the table, and then determine how they would be allocated if the marriage ends. By laying out these non-marital assets and describing them in a prenuptial agreement, an individual spouse could ensure their property is prevented from ever being split in a divorce.
While protecting assets is the most common purpose of a prenuptial agreement, it is not the only way these contracts could be used. Other topics a “prenup” could address include:
A Cumming pre-marital agreement attorney could help an individual spouse understand how they could benefit from such an agreement. They could then work with them to draft a contract that specifically fits their needs.
Controlling heirlooms and keeping them within the family is very important to many people. Once a person with such property gets married, though, there are two circumstances that could wrest control of those heirlooms from their original owners. Either a divorce that splits the marital estate between the spouses or the death of the heirloom’s owner could establish an heirloom as marital property.
A pre-marital contact could protect the heirloom in both cases. By explicitly separating their heirloom from the marital estate in the prenup, the owner could ensure it gets returned to their family in case the marriage ends in divorce or death.
Usually, the rules for a prenup are fairly simple. Signatures from both parties are required to make the contract valid, but there are some additional provisions that could make a prenuptial agreement unenforceable if not fulfilled. These include:
A seasoned prenuptial agreement lawyer in Cumming could help to ensure that the prenup is valid and expresses the interests of both parties.
Having a prenuptial agreement is a great way to prepare for possible misfortunes of the future including dissolution of a marriage, separation and even death. A prenup could help a couple decide major issues that could arise during or even after their marriage.
Those who want to explore their legal options should schedule an appointment with a Cumming prenuptial agreements lawyer. A member of our team could review your case and help you determine the best option for you and your family. Call today to get started.