A prenuptial agreement can be a very effective means of protecting property and other assets in the event that a couple chooses to divorce in the future. While it may seem unromantic to talk about prenuptial agreements, more and more couples are turning to these agreements in an attempt to minimize the financial distress and uncertainty that a divorce can cause.
First, a prenuptial agreement can protect a spouse who has accumulated significant wealth prior to his marriage. A prenup normally outlines a spouse’s separate property in detail, which will ensure that the spouse retains these assets if a divorce does occur.
On the other hand, a prenuptial agreement also can protect the spouse in the relationship who has fewer assets. A prenup can assure that spouse that he or she will receive certain items of property and outline rights to alimony. By making these arrangements prior to the marriage, the spouse will already know his or her potential financial situation in the future should a divorce occur.
A prenuptial agreement can be particularly useful if you and/or your spouse have children from a prior marriage or relationship. Rather than taking the risk that your assets end up in your stepchildren’s hands, instead of the hands of your own children, you can avoid this potential pitfall by executing a valid prenup under Georgia law.
If you have questions about whether a prenuptial agreement is right for you, the Shaw Law Firm, LLC, can help. We will evaluate your situation and advise you of our recommendations as to a executing a prenuptial agreement prior to your marriage. We can help you get it right – the first time.
Contact us or call today to learn how Shaw Law can work with you to achieve the best outcome possible for you and your children.
Scott Shaw is founder and principle of Shaw Law Firm LLC, founded in 1995 and dedicated solely to divorce, family law and child custody matters that must be addressed and decided in the state of Georgia. Shaw Law Firm serves the greater Metro Atlanta area, particularly the counties of Fulton, Gwinnett, Cobb, Cherokee, Forsyth, Paulding, Henry, Fayette, Coweta, Newton, Walton, Bartow and Douglas. Schedule a consultation today at 770-594-8309.