A prenuptial agreement, also known as a premarital agreement or prenupt, is a contract that enables couples to determine what property will be considered property of the marriage and what will remain each person’s own separate property. Generally, this agreement lists property owned by each person, their debts, and what rights each person will have after marriage. These agreements are becoming increasingly popular for several reasons. In Georgia, the average age of marriage has been continually increasing, which often means that more assets and debts have been acquired before getting married. Additionally, more people are bringing children from previous relationships when getting married. A prenuptial contract helps couples navigate through these often complex and tricky situations.
Additionally, marital law has shifted to share many elements with business partnerships. Decades ago, married women could not negotiate a marriage nor enter into any contractual agreements. In the event of significant relationship changes, spouses can now contract with each other and define which spouse is responsible for certain marital functions and financial agreements. Just to name a few examples, you should consider a postnuptial agreement when your marital relationship changes due to childbirth/adoption, inheritance, or even career changes. A skilled and experienced family law attorney can assist you through this process fully and truthfully disclosing all assets, filing legal paperwork, and drafting a postnuptial agreement that is suitable for you and your spouse. With a combined 50 years of experience, the attorneys at Bell & Washington help you face all the issues of future financial disputes at the front end, often times paving the way for a more successful and happy marriage. Call us today at 404.437.6641.