Wednesday, March 26, 2014

What is a Prenuptial Agreement?

Prenuptial agreements are generally looked upon negatively. They are believed to be for people with exceptional amounts of money or when someone believes their marriage is likely to end in divorce - this is simply not true.

A prenuptial agreement is a contract between two willing parties who are interested in protecting their interests after marriage. A prenuptial agreement starts with an open discussion between two people who are interested in moving into a successful marriage and are not planning for divorce, but rather, are having an honest conversation about what happens if something goes wrong.

A prenuptial agreement allows a marrying couple to clarify what will happen to their personal and financial items in the event of divorce. Having these decisions about personal property decided ahead of time may potentially avoid a delayed and expensive divorce later.

For those who did not enter into a prenuptial agreement, a postnuptial agreement between married couples can serve the same purpose.

Read more about prenuptial agreements here:

Contact the Law Office of Christine M Bechtold, LLC to discuss your prenup. Christine@Bechtold-Law.com 770.466.2700

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