Everyone gets married with the goal of having a successful relationship, however, in today’s world the truth is that more than 40 percent of first marriages end in divorce, more than 60 percent of second marriages end in divorce, and more than 73 percent of third marriages end in divorce. In short, it is important to consider protecting your assets in the event that a planned, or current, marriage ends in divorce. The Platt Law Firm helps countless couples reach satisfying prenuptial and postnuptial agreements. We pride ourselves on our lengthy history in this area of law, and as a result, our firm provides compassionate and credible counsel in the construction of your prenuptial or postnuptial agreement.
Why should you consider a prenuptial or postnuptial agreement? A prenuptial or postnuptial agreement offers both spouses the comfort and clarity of having their finances and property holdings clearly defined. Particularly in situations in which the spouses have significant assets, these agreements ensure that each party to the marriage understands how joint and separate assets are to be allocated in the event the marriage ends. These agreements can determine a number of financial matters, including:
- Distribution of assets if the marriage ends in divorce;
- Handling of financial accounts and property ownership during the marriage;
- Estate planning in the event of a spouse’s death Inheritance and insurance benefit issues;
- Alimony terms; and
- Business ownership (in a postnuptial agreement only).
These agreements are important in the State of Georgia as it is an equitable distribution state. This means that in the event of a divorce between two spouses who did not sign a prenuptial or postnuptial agreement, the distribution of the spouses’ marital property and assets is purely at the discretion of the courts. This can result in extremely lopsided or contentious rulings that may wreak havoc on your financial stability. The Platt Law Firm has the diligence and knowledge to produce prenuptial and postnuptial agreements that protect your assets and give you peace of mind. Contact us today.