Postnuptial Agreement Lawyers

What Are Essential Elements Of A Postnuptial Agreement And How Can It Protect Your Future?

Postnuptial Agreement attorney specialists with OVER 63 YEARS of experience.

A postnuptial agreement is a legal contract willingly entered into by a married couple after their wedding. This agreement, much like a prenuptial agreement, helps to establish the division of property and financial assets in the event of a divorce. It is particularly crucial for couples with significant assets as it offers a layer of financial protection.

The importance of a postnuptial agreement can’t be overstated. As the cogs of life continue to turn, changes in financial circumstances, business ownership, or inheritances can drastically alter the financial landscape within a marriage. A postnuptial agreement allows couples to address these changes and understand their financial rights and obligations, providing a sense of security and stability.

While some may view the drafting of postnuptial agreements as unromantic or pessimistic, they are actually practical tools that can safeguard your financial future. Think of them as a safety net, helping you avoid lengthy legal disputes and contentious battles over property division in the unfortunate event of a divorce. By addressing potential financial concerns upfront, these agreements allow couples to focus on building a strong foundation for their life together. So, don’t let the notion of postnuptial agreements discourage you – embrace them as a proactive step towards a secure and harmonious future.

It is strongly recommended to consider a postnuptial agreement, regardless of the size of your estate. It can certainly go a long way in protecting your future, maintaining harmony within the marriage, and preventing potential financial disputes in the unfortunate event of a divorce. Our law firm can help draft a complete postnuptial agreement that covers the following important elements.

What Mistakes Should I Avoid in My Postnuptial Agreement?

One common mistake when drafting a postnuptial agreement is the failure to disclose all assets and liabilities fully and truthfully. Both spouses should disclose their financial situation in full to ensure fairness. Equally important is the timing of the agreement. A postnuptial agreement signed under duress or without adequate time for consideration can be deemed unenforceable. Lastly, many couples make the mistake of including personal matters, child custody, or child support in the agreement – which does not have legal merit in a postnuptial agreement. It’s crucial to understand that the court retains the authority to decide these issues based on the child’s best interest at the time of the decision.

Finally, not having a postnuptial agreement reviewed by an experienced attorney can be a mistake. Before signing, couples should have the agreement reviewed by an independent lawyer to ensure it is fair and legally enforceable. This will help protect both parties in the event of a dispute or separation down the line. At Lawrence Law Office, we have experienced family law attorneys who can help you draft and review your postnuptial agreement. We specialize in providing advice and services to couples seeking legal protection through postnuptial agreements.