In Alabama and throughout the nation, many thousands of dating couples will decide to head to the altar in the coming year. Many will wish to clarify certain issues before they get married in an effort to avoid potential discord later down the line. In recent times, more and more couples view the execution of a prenuptial agreement as a common sense option for protecting their interests.
It used to be that most people associated prenuptial contracts were the wealthiest or most famous in society. However, a lot of divorce attorneys have noticed an increase in couples who sign prenups before the big day. Basically, these written contracts identify the rights and obligations of each future spouse, as well as clarifies separate assets that may include a premarital income or possible future inheritance.
It is important to seek clarification of the law in one's own state before agreeing to sign a prenuptial contract. Careful consideration, full disclosure and thorough planning are crucial toward the development of a solid plan that helps those involved protect present interests and long-term goals. Some say it is awkward and difficult to discuss personal finance issues with an intended spouse. Still, many see the benefit of laying it all on the line ahead of time to avoid possible contention later in life.
In Alabama, experienced legal professionals are available to assist those wishing to draft a prenuptial agreement. One need not be rich and famous to choose this type of contract as a means of securing one's future assets. A first logical step to take in the process would be to thoroughly examine and list all assets, then request a legal consultation to discuss the matter and proceed further.
Source: livemint.com, "Prenuptial agreements: building a safety net around assets", Rachel Grate, Jan. 20, 2016