Understanding Postnuptial Agreements
A postnuptial agreement is similar to a prenuptial agreement in that it defines assets and property rights in the event of death or divorce. That said, the obvious difference is that the former is signed during marriage instead of before the marriage. While some people have reservations about these types of agreements, they can be powerful tools that help couples address the allocation of marital assets and support in the event of a divorce.
If you are considering a postnuptial agreement, it is important to partner with a legal advocate so that you can understand your legal rights and obligations. These agreements can be complex, and it is wise to understand how best to ensure that the agreements will stand in the event they are challenged.
Our Law Firm Can Address All Your Concerns
Because we have experience working on prenuptial and postnuptial agreements, we can assist you in drafting agreements based on your unique needs, circumstances and goals. We also will help you focus on any estate planning aspects that you want to include in the prenuptial or postnuptial agreement. This may include, for example, having one spouse waive his or her elective share of the assets in the event that one spouse predeceases the other during the marriage.
We look forward to working with you.