In the climate of a 50-percent-divorce rate, prenuptial agreements in Mississippi are more common today than ever before. A premarital contract can lend peace of mind to a spouse-to-be who wants to protect personal and business assets. Like any decision, there are pros and cons to be considered, as outlined by FindLaw below.
You have worked really hard to adjust to your new parental role following your divorce. Now your ex-spouse comes to you saying that he or she wants to move away from Hazlehurst with the kids. The scenario that you have just described is the same that many of those that we here at the Shannon Law Firm, PLLC have faced. Like you, they too were concerned that a relocation could drastically alter their relationships with their kids, lessening the time that they spent with them and thus diminishing the impact they could have on their children's lives. Like them, you may also want to know if there is anything you can do to stop it.
For many people in Mississippi, their retirement plans and their homes can be their two largest financial assets. Therefore, concerns about how to address a division of these assets when getting a divorce is understandable. Employer-sponsored retirement accounts like 401K accounts must be handled carefully when splitting them in a divorce in order to avoid losing unecessary money.
Many people in Mississippi might still believe that a prenuptial agreement is only something that a very wealthy or famous person should seek before getting married. The fact of the matter, however, is that a prenup can be beneficial to just about anyone regardless of financial status or fame.
Not every person heading into divorce proceedings in Hazlehurst wants to see his or her marriage end. If you feel justified in seeking an end to your marriage, but your spouse refuses, what are you to do? You can sue for the dissolution of your marriage, yet in order for your divorce to be granted, you must cite one of the specific grounds for divorce that the state recognizes.
Your decision to end your marriage in Hazlehurst no doubt took a great deal of courage, especially if you were not the primary income earner in your home. While you now can look forward to not having to deal with the stresses that had developed in your marriage, you do have to consider how you will support yourself (and your children, if you have any). Many in your same position have come to see us here at the Shannon Law Firm, PLLC expecting to receive alimony. They are often shocked to learn that such a reward is not always automatic. Before you begin to plan on spousal support, it may be best to know first if you are even entitled to it.