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Prenuptial agreement a family law consideration

Prior to walking down the aisle, most Georgia couples spend time planning for their lives together. They typically will plan where they will live, which family members they will spend holidays with and even how many children they want to have. As a part of this planning process, they may also want to plan for how assets and debts should be handled in case of death or divorce; an experienced family law attorney can help with this part of the planning process.

Many couples enter marriage with one or more children from a previous relationship. When this happens, the parent may want to be certain that the child or children will receive certain assets if death or divorce occurs. This can be accomplished through the use of a prenuptial agreement.

Additionally, it is possible that one of both individuals either owns or has ownership interest in a business prior to the marriage. The death or divorce of such an individual can have a negative impact upon the business and others involved in it. While income generated during the marriage may be considered marital property, assets acquired prior to the marriage may be treated differently. A prenuptial agreement can be utilized to protect the business by addressing these concerns ahead of time.

Planning for the future is part of the process in joining two lives together. The realistic Georgia couple will recognize that they need to plan for the life they envision and the challenges that they may face. An experienced family law attorney can assist the individual in making sure that this is the case.

Source: wtkr.com, "Are prenuptial agreements just for the rich? Tips on how to decide you should have one", May 24, 2018

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