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Prenuptial Agreements as Preventive Medicine

mycasewebsites2 • May 10, 2015

Let’s address the Negative Nancies out there first. Engaging in the process of a prenuptial agreement does not mean that you don’t fully believe in a lifetime commitment to love, honor and cherish, alright?

In order to be enforceable in Alabama, parties to a prenuptial agreement must fully disclose their net worth with each other. All of the credit card debt, student loans, tax debts, etc. must be on the table. Likewise, all sources of wealth must be disclosed, including income from work, savings, retirement accounts, and the like. Also, ideally, each party will have their own lawyer as legal advisor to guide them through the process and protect their interests.

Prenuptial agreements are also vehicles by which the parties can control the disposition of heirlooms or other inherited property in the event of their death.  Ideally, the prenuptial agreement, an updated will, and maybe even a gun trust, can operate in concert to help couples avoid uncertainty in marriage. Part of that anxiety you feel when you think about “taking the plunge” results from what you don’t know about your prospective partner and what you might have to lose to find out!

“But, Ron,” you say. “Won’t it be awkward to bring up the subject with my fiancee? What if they’re offended? What if they break off the engagement because of this?” First of all, any worthwhile potential life partner with any substantial assets or earning capacity is already thinking about how to bring up the idea of a prenuptial agreement to you, so they’ll likely be relieved that you did it first. If they are offended at the notion of a prenuptial agreement, odds are good that, a., they have something to hide; or b., you have something they want that needs protecting.

My friends at New Beginnings Family Law in North Alabama recently had this to say about the subject:  http://newbeginningsfamilylaw.com/five-reasons-may-need-prenuptial-agreement/.

Don’t take my word for it.  Ask someone you know who is divorced whether they believe that a prenuptial agreement is a good idea.  I firmly believe that prenuptial agreements can save marriages that might otherwise be lost and prevent marriages that never should have occurred.

The process is not as expensive or complicated as you might imagine.  Calling or emailing me won’t cost you anything but your time. (251)445-0891 or ron@mcbaylaw.com.

Love is a Battlefield-VA Disability Payments in Divorce

By mycasewebsites2 • 29 Aug, 2018
Mobile, Alabama has its fair share of military service members, veterans, and retirees. Sometimes, those folks get divorced. When they do, the military spouse’s military retirement is subject to equitable division by the Court. Either the parties agree on the division of military retirement or the Court divides it. In any event, the non-military spouse […] The post Love is a Battlefield-VA Disability Payments in Divorce appeared first on The Law Offices of Teague and McBay.

Making Up Is Hard to Do

By mycasewebsites2 • 24 Apr, 2018
Thankfully, I’ve recently had a spate of couples who have decided to try and make their marriages work after filing a divorce. In a couple of instances, even after a great deal of fighting and legal wrangling, I’ve had clients lay down their swords and engage in reconciliation. I love it when that happens. In […] The post Making Up Is Hard to Do appeared first on The Law Offices of Teague and McBay.

What’s Different about McBay Law?

By mycasewebsites2 • 05 Sep, 2017
I grew up watching Sesame Street. I loved Oscar and the Cookie Monster. One of my favorite regular skits was the “One of These Things is Not Like the Other.” I loved picking out the thing that was different. Of course, there were only ever four “things,” so choosing what was different was relatively easy. […] The post What’s Different about McBay Law? appeared first on The Law Offices of Teague and McBay.

Free Milk and a Cow: Common Law Marriage

By mycasewebsites2 • 06 Jul, 2017
More than 30 years ago, the Georgia Satellites released a song about a marriage ultimatum: “Keep Your Hands to Yourself.” The lyrics document the struggle between the singer and his lover over the terms of their relationship. We don’t know how that story ends; whether the couple married or split up. The song came to […] The post Free Milk and a Cow: Common Law Marriage appeared first on The Law Offices of Teague and McBay.

Step-Parents and Custody Fights

By mycasewebsites2 • 06 Jun, 2017
For those of you reading my blog for the first time, I am a divorce and family law attorney who is divorced, has children, has remarried, and has another child in my current, and final marriage. Confused? Don’t be. I often write from the perspective of a Dad who has children for whom I have […] The post Step-Parents and Custody Fights appeared first on The Law Offices of Teague and McBay.

Testimony in Divorce Cases: Don’t Monologue

By mycasewebsites2 • 30 Mar, 2017
If you have children, you’ve probably seen The Incredibles. I’ve seen it a MILLION times. One of my favorite scenes is the one in which Syndrome, who has Mr. Incredible in a seemingly inescapable situation, realizes that he is monologuing. Of course, monologuing is a common theme in all sorts of hero/villain movies. The hero is […] The post Testimony in Divorce Cases: Don’t Monologue appeared first on The Law Offices of Teague and McBay.

Common Law Marriage Requires Regular Divorce

By mycasewebsites2 • 22 Mar, 2017
Recent Events in Divorce and Family Law If you live in Alabama, you may know someone who has a common-law husband or wife. While only a few states recognize marriages with the absence of an official license, Alabama is no longer one of them. Before January 1, 2017, you could have avoided the ceremony, the […] The post Common Law Marriage Requires Regular Divorce appeared first on The Law Offices of Teague and McBay.

Waiting for the End of Time: Divorce in Mobile, Alabama

By mycasewebsites2 • 30 Dec, 2016
As a child of the seventies and eighties, I have vivid memories of hearing “Paradise by the Dashboard Light” as performed by Meatloaf on the radio. Of course, early on, I had no frame of reference for the story told in song about the heat of passion and the consequences. For those of you who’ve […] The post Waiting for the End of Time: Divorce in Mobile, Alabama appeared first on The Law Offices of Teague and McBay.

The Effects of Cohabitation on Alimony in Alabama

By mycasewebsites2 • 02 Nov, 2016
If you are paying or receiving alimony as part of a Divorce Order in Alabama, this one is for you. Under Alabama Law, the obligation to pay periodic alimony terminates upon the receiving party’s “cohabitation” with a member of the opposite sex. So, what does that mean? Under the case law, cohabitation is that thing […] The post The Effects of Cohabitation on Alimony in Alabama appeared first on The Law Offices of Teague and McBay.

If it can happen to Brad Pitt, it can happen to you.

By mycasewebsites2 • 29 Sep, 2016
Unless you’ve been living under a rock, you’ve probably heard about what a mean son-of-a-bitch Brad Pitt is and that Angelina Jolie just can’t take it anymore. Multiple media outlets were eager to scoop Angelina’s side of the story about his anger management issues and how he’s a danger to the children. Lucky for Brad, […] The post If it can happen to Brad Pitt, it can happen to you. appeared first on The Law Offices of Teague and McBay.
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