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Seeking an impressive wealth protection tool? Consider a prenup

Are you a Georgia resident who is a bit preoccupied with property-related matters as you are about to tie the marital knot?

Are you wondering about what might happen to your long-held family business, for example, in the event that -- just maybe -- your marriage fails? Is there separate property you are bringing into the marriage that you want to ensure retains that status indefinitely? Are there family heirlooms of great significance that you would dread losing under any circumstances? Do you have kids from a previous marriage that you want to leave some assets to down the road?

Answering any of these questions in the affirmative might reasonably suggest to you that execution of a prenuptial agreement might not be a bad idea. If you are nodding yes to several of those queries, you might want to act without delay in booking some time with a proven family law attorney experienced in negotiating and helping clients execute such contracts.

We noted in a recent blog post (please see our December 31, 2014, entry) the view of many people that broaching the subject of a premarital contract "is akin to dropping a bucket of ice water on a glowing candle."

That view is decidedly not shared by experienced attorneys, many family counselors, accountants and financial planners.

In an article recently written by an asset management firm, for example, the strong utility of premarital agreements as planning devices is noted, with it being pointed out that such contracts "are becoming increasingly common wealth protection tools."

An experienced divorce attorney can address that utility in detail and help tailor a marital contract to tightly and fully address the unique needs of a client.

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