Family Law

Prenuptial Agreements

By Robert M. Kisselburgh, Esq.

Prenuptial Agreements--protecting your assets before divorce

Contrary to popular belief, prenuptial agreements aren?t only for the rich and famous. A prenuptial agreement (also called a premarital or antenuptial agreement ? just to make things more confusing!) can be very useful for many couples, especially those who have had time to accumulate any assets at all and for those with children from previous relationships.

Generally, in the event of a divorce, a Mississippi court will divide ?marital assets? between husband and wife in a fair and equitable manner. Property acquired or accumulated during the course of the marriage is considered ?marital.? Inheritances and the assets that each party owned prior to the marriage are usually considered ?non-marital? property which will be set aside to its original owner in a divorce.

Full post as published by Mississippi Family Law Blog on September 11, 2008 (boomark / email).