Pre & Post Nuptial Agreements
Legal Protection of Assets
Having a prenuptial agreement or post-nuptial agreement (antenuptial agreement) is a prudent move if you have substantial assets. Georgia has laws for preserving assets held prior to marriage however, a prenup is the best way to protect your assets. A prenup or postnup does not harm anyone, it simply gives you full legal control of your property.
Even if you do not consider yourself to be "wealthy" there are things you may want to protect from potential loss. Heirlooms, investments, collections, real estate, and unique personal property are types of things a prenuptial agreement can protect. Should you ever change your mind, your Antenuptial Agreement can by modified.
Generally speaking, a prenup or postnup can cover just about anything that could be threatened by a divorce. Being that this is effectively a marriage contract it could address guardianship matters, issues due to bankruptcy, liability for damaged property and more.
What does a prenuptial or postnuptial do?
- Protects assets from undesired distribution in the event of divorce
- Facilitates easier distribution of assets in the event of death
- Protects business ownership in the event of a divorce
- Prevents unauthorized sale or leveraging of your assets
How much does a prenuptial agreement cost?
The cost for a prenuptial agreement varies. A budget amount is around $2,000-$3,000. The price for your agreement is determined by the number of hours required to do the work. Obviously working with a short list of assets requires far less time than working through an extensive list of personal property,investment accounts, real estate and business ventures.