#postnuptial

Is your marriage on the rocks because of financial problems? Maybe a Postnuptial Agreement might alleviate financial disagreements and help your marriage get back on track. Florida Attorney Sergio talks about how Postnuptial Agreements may help prevent a divorce and save your marriage.

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Postnuptial agreements are almost identical to prenuptial agreements. Both of these agreements allow spouses (fiancées in the case of prenuptial agreements) to decide on property division, alimony, and other matters that become important in a divorce.

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Why You Should Have a Postnuptial Agreement

Postnuptial Agreements are becoming more common in today’s world.

According to an American Academy of Matrimonial Lawyers report from 2015, 50% of divorce lawyers mentioned an increase in spouses requesting postnuptial agreement in the past three years.

A postnuptial agreement is a contract between spouses after they have become married or entered into a civil union. It outlines how the couple’s assets will be distributed in the event of a divorce or separation.

“A postnuptial agreement is usually produced from some kind of serious strain or emotional fracture that directly impacts the marriage.  It can represent a way for the spouses to move forward with a shared understanding about the ways in which certain subjects would be addressed in the event of a divorce,” said James McLaren, President of the American Academy of Matrimonial Lawyers.  “The top items covered in a postnup are ones that typically cause the most stress and concern if a marriage enters a place of real uncertainty.”

Many families who own a family business or who have substantial financial investments utilize a postnuptial contract to help shield their assets from falling into the hands of the other spouse should a divorce or separation occur. “Without a pre or postnuptial agreement, you’re opening up your financial future to the influence and potential determination by a third party,” states Alex Weinberger, director of Marriage Financial Solutions.

A postnup contract can also be drafted due to past infidelities. James McLaren also advises to cautiously contemplate what the best course of action is for your situation. Do you need to act immediately to the issue or can you work together to enable a resolution with a postnup? If your spouse has requested you to sign a postnup, Mr. McLaren suggests reviewing the postnup contract carefully. Make sure to suppress your emotions.  If you cannot keep your emotions on the sidelines, you may regret it in the future.

Marriage Financial Solutions can help you analyze the financial issues necessary to draft a postnuptial agreement, along with answering questions you may have. Contact us today!