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Educating clients to not only survive a divorce, but to move past it by meeting fact-based expectations

Should I get a postnup?

On Behalf of | Jun 16, 2020 | High-net Worth Prenuptial And Postnuptial Agreements |

Prenuptial and postnuptial agreements used to be solely the province of the rich and famous, but this is no longer the case. For many reasons, they are becoming more common among Americans of all class divides. Since divorce is more of a reality today than ever, having certain agreements in place can help smooth the divorce process if it is necessary, and they can even help prevent divorce in the first place.

Many people wonder if they should create a postnuptial agreement, particularly if they did not create a prenuptial agreement. According to Forbes Magazine, while not everybody absolutely needs a postnuptial agreement, these agreements can help address certain situations that come up over the course of a marriage.

How can a postnup help us through the unexpected?

Even the most comprehensive prenuptial agreement cannot account for all instances within a marriage. For instance, if one or both of you decide to start a business, you may not have addressed this in an original prenup. If one or both of you decides to invest in real estate, again, you may not have addressed this. Maybe you went into marriage with the expectation of remaining a childless couple, but you ended up with a surprise.

Postnuptial agreements address these unexpected circumstances. They can ensure continued legal fairness and equality between couples.

How can a postnup prevent divorce?

Most marriages fail due to arguments about money. Just like a prenuptial agreement, postnuptial agreements can help stop these arguments before they start. They can provide a comprehensive legal structure to guide couples through difficult or unexpected situations. Resolving these problems with comprehensive postnuptial agreements before they start can save many marriages.