The age of life expectancy has increased over the years. One consequence of this seems to be that many people are marrying later in life. In fact, some Alabama couples might be in their Golden Years when they decide to marry. Whether to sign a prenuptial agreement is a concern of many.
It is misguided thinking to assume that prenuptial agreements are only for those who are financially rich and those who are young. For elderly adults who choose to marry, this type of contract might prove beneficial because of the complexities that might exist after a lifetime of building wealth, businesses, stock portfolios and other notable assets. In some cases, one or both potential spouses is a widower or widow, and his or her deceased spouse's trust funds might also affect future financial obligations or assets.