If you are planning to get married and have accumulated wealth and want to protect what you have earned from your future spouse should the marriage end in divorce, then a prenuptial agreement drafted by an attorney is worth considering. In Mississippi, any assets earned prior to a marriage risk being divided upon a divorce should they become marital property. A prenuptial agreement protects those assets that you have earned prior to the marriage. But it can also provide a level of protection on the accumulation of assets during the marriage. This type of agreement is helpful for a smooth transition to a divorce and in most cases can eliminate the long drawn out fight over property; as this agreement will address those issues as well prior to the marriage.
As seen in the Northeast Mississippi Daily Journal’s “Ask a Professional.”