Life after marriage brings many changes. You might start a business, receive an inheritance or face new financial challenges. These events often lead married couples to think about protecting their assets. The good news is that you can create a legal agreement even after you’ve tied the knot.
What is a postnuptial agreement?
A postnuptial agreement is a legal contract between spouses that splits assets and sets financial rules if the marriage ends. Unlike prenups that happen before marriage, postnups come after you’re already married. This document covers things like property division, money matters and business ownership.
Making your postnuptial agreement legal
Your postnuptial agreement needs specific items to stand up in court. Here’s what you’ll need:
- Both spouses must show all their money, assets and debts
- You both must sign willingly without pressure
- Each spouse should talk to their lawyer
- The terms must be fair to both people
- You need to put everything in writing and sign it
Your postnuptial agreement helps you talk openly about money and make plans for the future. Many couples use it to protect their businesses or ensure their kids inherit past marriages.
Getting started with your agreement
The rules for postnuptial agreements differ in each state. What works in New York might not work in California. A local family law attorney knows your state’s regulations and can guide you. They’ll help you create an agreement that protects you and your spouse while following all legal requirements.
Starting this conversation with your spouse might feel challenging, but it can strengthen your marriage. When you’re ready to create your postnuptial agreement, contact a family law attorney who can help you take the first step.