You may have heard of a prenuptial agreement, but you might be surprised to learn that there’s a similar document that you can sign after you’ve gotten married. More and more couples in California are filing postnuptial agreements to protect their assets if they get divorced.
So what, exactly, is a postnuptial agreement, and do you need one? Read on to learn more about these agreements and what they protect.
The idea of filing a postnuptial agreement may seem difficult, especially if you’re happily married. However, signing a postnuptial doesn’t necessarily mean that you feel like your marriage won’t work out. A postnuptial agreement could encourage honest communication between you and your spouse so that you both understand each other’s expectations. This type of contract can spell out things that may happen if you divorce, such as how you’ll sort out financial matters and who will be responsible for taking care of your kids.
Postnuptial contracts are very similar to prenuptial contracts. The main difference is that couples sign postnuptial agreements after they’re already legally married while couples sign prenuptials before getting married. Postnuptial agreements can help protect a wide range of matters pertaining to the marriage, such as:
Laws about postnuptial agreements vary from state to state. If you’re ready to learn more about this type of contract, consider speaking to a lawyer.