When to Consider a Prenup After Marriage
Marriage is a huge deal. It’s something that’s supposed to last forever, but it doesn’t half of the time. Because of the risks involved in a divorce, many people want to protect their financial security.
Many couples consider a prenuptial agreement before marriage. This is a legal document that details assets and debts and specifies property divisions should the marriage end in divorce.
If you are already married, it’s not too late to get a prenuptial agreement. The main difference is that it would be called a postnuptial agreement, but other than that, the details would be the same.
Many people get postnuptial agreements because their outlook on marriage may change over time. Maybe their spouse cheated on them or went on a spending spree. Perhaps one person has acquired assets during the marriage, such as a business or inheritance, and they want to ensure that these assets are protected in the event of a divorce.
Whether you have been married for two or 20 years, it’s not too late to get a postnuptial agreement. As long as you and your spouse are both in agreement about it, then it can be done. Here are some reasons to consider a postnuptial agreement.
- For some couples, money is one of their biggest issues. A postnuptial agreement can help in this regard and even help you keep your marriage intact. If you are constantly arguing about your spouse’s debts or spending habits, you can use a postnuptial agreement to keep your debts separate and add certain stipulations so you don’t have to be on the hook for your partner’s irresponsible behavior.
- Peace of mind. A postnuptial agreement can give you peace of the mind in the event the marriage ends in death or divorce. This is especially helpful if one spouse makes most of the money while the other stays at home. A postnuptial agreement can spell out the specifics of what will happen so you don’t have to worry.
- Many couples stay in bad marriages due to financial issues. They are scared to have to make it on their own. A postnuptial agreement can give you a way out. It will provide you with the protection you need to leave the marriage, if you choose to do so. A postnuptial agreement includes details about assets and debts, and they supersede state laws, so you can customize the agreement to your liking, as long as the other spouse is in agreement.
Seek Legal Help
Situations change after marriage. If your spouse has done things to make you lose trust in them, you will probably want to take steps to protect your money and other assets. The good news is that a postnuptial agreement can help.
A Fort Lauderdale family law lawyer from Edward J. Jennings, P.A. can help you handle prenuptial agreements, divorce, and everything in between. Schedule a consultation today by calling 954-764-4330 or filling out the online form.