No one enters into marriage expecting to get a divorce. However, it is impossible to predict the future, and unforeseen circumstances can cause a marriage to fail. Whether it is infidelity, financial problems, or addiction issues, some couples may decide to legally terminate their union. When that happens, there can be many issues to resolve and divide. In some cases, a couple may create a prenuptial agreement prior to their marriage to outline how certain marital issues will be handled in case of a divorce or a legal separation. A postnuptial agreement is a similar legal document that can be drafted after marriage. This document can protect certain marital rights, such as spousal maintenance and division of property.
Protecting Your Interests in a Postnup
A postnuptial agreement is often referred to as a postmarital agreement or a “postnup” for short. There are many reasons why a couple may want to draft a postnup. For example, if both partners have significant assets that they bring to the marriage, or if they start a business together while they are married. Settling these affairs ahead of time can distinctly define each party’s wishes, which may help prevent a contentious divorce.
A few of the main issues that a postnuptial agreement addresses include:
...