Postnuptial Agreements: What They Can and Cannot Do
A postnuptial agreement is a written contract between spouses made after a marriage begins. Like a prenuptial agreement, which is created before marriage, a postnup allows couples to address or change arrangements concerning their finances and property during and after the marital relationship. Postnups are recognized under New York law, provided they meet certain legal… Read More »
When Should You Consider a Postnuptial Agreement?
A postnuptial agreement is similar to a prenuptial agreement in that it’s a contract for married parties to settle issues involving assets, debts, children and other circumstances of their marriage before a divorce or death. The big difference is that a postnuptial agreement is established after the marriage has already begun. The following are a… Read More »
Why Should You Consider a Prenuptial or Postnuptial Agreement?
Most people enter into marriage wearing rose-colored glasses. Everyone knows that divorce is a possibility, but no one thinks it is going to happen to them. That belief, along with a variety of misunderstandings about prenuptial agreements, leads to many divorces being much more complicated than they need to be. The truth is, divorce happens… Read More »