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Articles Tagged with postnuptial agreement

Couple-with-thought-bubbles-300x244A prenuptial agreement is a written contract between two people that is entered into before marriage and takes effect upon marriage.  This document has become more popular as couples realize the importance of clarifying expectations and setting a good foundation for communication about finances (and other issues) before the marriage.

Each couple has a unique set of goals and issues to be addressed and the prenup can be specifically tailored with that in mind.  Without a prenup, state laws dictate who owns the property acquired during the marriage as well as what happens upon the dissolution of the marriage.

Why get a Prenup? Continue Reading

A postnuptial agreement (“postnup”) is an agreement entered into by a couple after marriage. The agreement can cover a range of topics from lifestyle issues to the couple’s wishes if they choose to divorce. A postnup, like a prenup, is designed to protect the marriage and provide the couple with security. Because it is a legally binding agreement, a postnup must conform to certain requirements based on the state in which it is enforced. While couples often choose to work with an attorney to execute a postnup, some couples try to do it on their own. This was the case in the recent Ballesteros decision.  Continue Reading

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