Tag Archives: wealth

Prenuptial agreement can be beneficial for Alabama couple

Prior to saying “I do,” many modern couples are now signing prenuptial agreements. This is because couples are now realizing that a prenuptial agreement can help them avoid confrontation in the future. For Alabama couples who are heading toward the altar, a prenuptial agreement deserves serious consideration. Prenuptial agreements can be beneficial for many different reasons. One of those reasons is an inheritance. Having a prenuptial agreement in place is often reassuring to generous family members, such as grandparents, who may be concerned about the prospect of their assets being handed to an in-law in the event of a divorce. In addition, prenuptial agreements can help to soften the blow that a divorce could potentially deliver, since assets can increase and decrease throughout a marriage. This is especially true as financial success, incomes and bankruptcy are often completely unpredictable. For this reason, it is wide to avoid dollar-amount promises, instead one could … Continue reading Prenuptial agreement can be beneficial for Alabama couple

Attitudes toward prenuptial agreements might be changing

Many couples enter marriage knowing that signing a prenuptial agreement is an option to help protect their assets, but others might be apprehensive to sign one or even consider the possibility of doing so. In some cases, there is an impression that signing a prenuptial agreement is counterintuitive to the idea of getting married or is something only for wealthy individuals. A recent poll suggests that these perceptions might be changing. Recently, the American Academy of Matrimonial Lawyers released a survey of family law attorneys regarding trends in the frequency of requests for prenuptial agreements. Of those who responded, 63 percent of attorneys say they’ve seen an uptick in the number of prenuptial agreements made between soon-to-be wed couples during the last three years. Not only that, but slightly less than half of respondents said they’ve noticed that more women are making the requests. This trend might suggest that more … Continue reading Attitudes toward prenuptial agreements might be changing