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When and how to talk about a prenup

If you have been divorced before, you know better than some other people in Georgia about just how deeply the effects of a marriage's ends can run. Even if you have never been married or divorced before, you know doubt have heard horror stories about other people's divorces. When it is time for you to get married whether for the first or a subsequent time, you should make financial conversations a priority.

Forbes explains that people no longer consider prenuptial agreements as only needed by the very wealthy or famous. Certainly as the value of your assets increases your concern for protecting them may increase as well but the truth is that any couple can benefit from a marital contract. A variety of situations may make such an agreement helpful for you. If either you or your future spouse has inherited or is set to inherit a large sum of money or other assets, a prenup can be a great way of protecting those.

If you own or have an interest in a business, a prenup can protect not only you but the business and any partners or employees involved as well. Many people in second marriages use prenups to keep some assets separate either for children from earlier marriages or to satisfy obligations to former spouses.

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The Siemon Law Firm
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