When two people decide to marry, change is inevitable. Merging of property and assets may be the default choice of many couples, but others may take a slightly different approach. Couples in Alabama who wish to retain specific assets in the event of divorce, or provide for their distribution in the event of death, may choose to implement a prenuptial agreement. These agreements must be handled properly, and seeking legal counsel during the process is often advisable.
Some people may view this type of contract to be adverse to the success of a marriage. This may be the case for many couples who are getting married for the first time, believing that such an agreement suggests the possibility that it will not work out. For many couples seeking this type of arrangement, this is not the case. Prenuptial agreements are typically more prevalent among those who are entering a second marriage, and many find them to be beneficial.
There are many different factors that can lead a couple to discuss a similar arrangement. One person may have a considerable amount of assets before being married, and may also have other people he or she wishes to provide for, such as family from a previous marriage. Choosing to sign a prenuptial agreement does not mean that he or she will leave the spouse with nothing in the event of divorce. Arrangements of this nature can often be favorable for everyone involved.
A prenuptial agreement can be beneficial in many different ways. Couples who are married in Alabama often have different views on financial situations, and seeking an arrangement that accommodates these views can often be favorable. Since this can be complicated, people typically seek the advice of an attorney. An experienced family law attorney can provide assistance in creating an agreement that focuses on the best interests of everyone involved.
Source: theglobeandmail.com, "Prenups can help second (or third) time around marriages", Guy Dixon, Feb. 9, 2017