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Prenuptial Agreements Some problems associated with divorce may be avoided by entering into a Prenuptial Agreement before marriage. It is common for those who have children from a previous relationship, or who are divorced, to want limits on what will happen financially if they divorce again. Generally, property acquired during a marriage is considered marital property and may be divided if there is a divorce. "Equitable division" does not mean equal division. Equitable means whatever a particular judge or jury thinks is fair given what they hear at trial. Property obtained before a marriage, may be considered separate property, or it may become marital property, depending on how the property is treated. Prenuptial agreements offer one option for planning how property will be treated when marriage ends, either in divorce, or by death of one spouse. Though courts in the past have held some prenuptial agreements to be unenforceable, recent Georgia law seems to be taking a broader view in enforcing prenuptial agreements. It is very important in making a prenuptial agreement to get current legal advice from an attorney who knows the law is this area. The Law Office of Julie Ernst-Fortin, PC, assists clients in determining what constitutes marital property and strategies to minimize risk to separate property, as well as prenuptial agreements. |
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