Prenuptial / Posynuptial Agreements
There are numerous reasons that a marring couple will consider a prenuptial agreement and, thus a prenuptial agreement should not be considered an indicator that your marriage will one day collapse.
A prenuptial agreement is a contractual agreement made between prospective spouses before marring wherein parties spell out how assets will be distributed in the event of divorce or death.
Historically, this legal instrument is utilized in situations where one or both parties have accumulated a substantial estate and desire to shield the assets or income from their prospective spouse in the event of a future, unexpected situation. These terms and conditions of these agreements vary widely, but most commonly contain provisions for division of property and spousal support. The pertinent provisions governing said agreements can be found in Section 43-8-72 of the Code of Alabama, as well as Alabama case law.
The attorneys at Bill G. Hall, P.C. can draft and review prenuptial agreements, and have also litigated the validity of a prenuptial agreement in a divorce for clients seeking to contest or uphold the existing agreement between the parties.
Agreements After Marriage.
At any time after your marriage, you and your spouse may decide to entre into a marital agreement to address your rights and responsibilities in the future; said agreement is called a postnuptial agreement. This legal instrument allows married couples to establish how their assets and property will be divided in the event of divorce or death, whether they are thinking about divorce or not.
Protect Your Future.
It is important to discuss and consider both present and future financial arrangements when drafting a prenuptial or postnuptial agreement. The attorneys of Bill G. Hall, P.C. are experienced in negotiating, drafting, and explaining prenuptial and postnuptial agreements. We know that the key to a successful premarital or postnuptial agreement is to work with both parties to develop customized terms, while also ensuring that the parties’ relationship remains intact.