What is a Prenuptial Agreement?
A Prenuptial Agreement (often called a prenup) is a legal contract that a couple signs before getting married. Â It sets out how to handle certain financial matters during the marriage and, if the marriage ends.
Why should I get a Prenup?
When you get married, you are not hoping or expecting to get divorced. Â But having a Prenup can protect both parties and clarify financial expectations both during the marriage and, if necessary, after. Â Many people find that having a Prenup actually takes financial stress out of a marriage and provides for a better relationship. Â It is comforting and smart to know where you financially stand should a marriage end.
What is a Postnuptial Agreement?
A Postnuptial Agreement is essentially the same thing as a Prenup, but written and signed AFTER a marriage.
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Often, a Postnup can clear up any financial issues in a marriage and allow a couple to focus on their relationship. Â Many people find Postnups can save a marriage.
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Starting a new business? Â Want to make sure it's separate property and not marital? A Postnuptial can help.
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Is your spouse accruing debt and willing to legally own it his/herself? Â Put it in writing, a Postnuptial can help.