A prenuptial agreement, commonly referred to as a “prenup,” is often considered something of an insurance policy sought by the wealthiest half of a couple. However, a prenuptial agreement can be obtained by all members of society prior to a marriage, regardless of their assets and social standing. While we at The Law Firm of Caryn S. Fennell do not hold an opinion either way regarding the necessity or rationality of a prenuptial agreement, we will work tirelessly for those who come to us seeking help in preparing one.
When assisting you in the crafting of a prenuptial agreement, we will assign a seasoned and proficient attorney to tackle the various intricacies of the process, including:
Declaration of assets
When you are preparing to draft a prenuptial agreement, you and your partner should take the time to make a list of all the notable assets in your possession. Each item listed in the declaration of assets should be accurately described and its owner should be named. The process of declaring your assets does not affect which items are protected under the prenuptial agreement and should instead be looked at as a gathering of data before those applying for the prenup decide which items they would like to include in the completed document. The Law Firm of Caryn S. Fennell will work closely with you during this phase of the preparation process and will advise you as to which items you should seek to secure in the final draft of your prenuptial agreement.
Declaration of debts
When preparing a prenuptial agreement, both parties are required to disclose their financial assets and debts. Regarding debts, those seeking a prenuptial agreement can simply list more formal debts such as mortgages and court-ordered repayments, but we advise both parties to list all debts, no matter how minute they may be. The final draft of the prenuptial agreement should not just list these debts, but discuss how the marrying couple intends to manage them throughout their union. During the listing of financial assets, both you and your partner are required to declare your current savings. It is also necessary for you to disclose your income at the time of the drafting of the document, as well as your projected future gains. We recommend you dedicate a portion of your prenuptial agreement to the possibility of financial support, detailing how it will be provided and to which spouse in the event of a divorce.
Agreement of shared property
As well as listing each party’s separate property prior to their marriage, a prenuptial agreement should include a portion detailing the property expected to be accumulated throughout the union. All items which the marrying couple agrees to share during their time together will be listed as “marital property.” It should be noted that these are generally significant assets such as the family home and automobile. The document should also discuss how the marital property will be divided should the couple choose to separate.
A final word
Preparing a prenuptial agreement is certainly a challenging endeavor. If you are hoping to obtain a prenup prior to your marriage, you should anticipate a number of complications from the moment you raise the issue with your partner to the moment it is finalized by authorities. Attorney Caryn Fennell will be there every step of the way and will help you complete all necessary documentation in as timely a manner as possible so you can proceed with your married life. Call our law firm today at (770) 956-4030 for a free consultation.
Caryn did an excellent job on my case. She was professional, communicative, and thorough. She did an amazing job of getting things done in a timely manner, and is extremely well versed in the law. I highly recommend her services.
Caryn helped my entire family after my sister suddenly died and my niece was orphaned a few days later when her father to died to. Caryn worked wonders for my family and my niece. I will forever thank her for what she did for all of us. I’ve had too many lawyers but Caryn is the top gun.
Caryn is very knowledgeable and had my best interest in the fore front. I trust her and would use her and recommend her to anyone that wanted the best lawyer!
I give her the highest marks any review could let me give. Trust Mrs. Fennell. She is smart and she knows how to maneuver a case and she knows how to win. She is one of the best in the Atlanta area.
Thank you Caryn for all you have done on my case. Thank you for being mindful of my delicate financial situation and for truly FIGHTING for me! Since you have gotten involved my case has turned completely around.
I was overwhelmed at what Caryn accomplished in such a short amount of time for me! I couldn’t have asked for a better attorney than her in this time of need! I would recommend Caryn to anyone in need at anytime. Thanks.
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The legal system can intimidate anyone. Do not face legal challenges alone! As your local family law attorneys, we can help solve your legal crisis and give you the answers you need. Our experienced family law attorneys will help you with your legal situation.
As your local family law attorneys, we can help solve your legal crisis and give you the answers you need. Our family law attorneys will help you with your legal matter. Our experienced attorneys work tirelessly, day in and day out, to help our clients achieve the best possible outcome for their situation.