Postnuptial agreements usually outline plans for financial assets. Still, they can contain anything from how the couple will split household responsibilities to how your child from a previous marriage will receive their inheritance. If you and your husband or wife do not want the law to determine how a separation in the event of death or divorce would be handled, the North Carolina King Law lawyers can help.
What is a Postnuptial Agreement?
A postnuptial agreement is similar to a prenuptial agreement, which is probably a better-known term. A postnuptial agreement is a document signed by two married partners after exchanging vows and being legally married. The signed document splits up the belongings of the married parties and indicates who gets what should the married couple divorce.
A postnuptial agreement or postnup can also contain a set of rules and standards by which the married couple must operate. Postnups could indicate specific chores and work that must be done by each partner and could also contain guidelines of conduct by which they must act.
When do I Need a Postnuptial Agreement?
While anyone can decide to get a postnup, there are certain instances when they are more highly encouraged than others.
One or both of the married individuals are wealthy.
Anytime there is a significant amount of money involved, a postnuptial agreement is encouraged. While this is typically covered before marriage with a prenup, it can also be addressed with a postnup. Drafting a postnup is a way to protect your assets in the case of a divorce.
One or both of the married individuals is unfaithful.
If you decide to marry someone unfaithful in a previous marriage, a postnup may be necessary. Once again, this is usually addressed before marriage, but action can also be taken after marriage if a partner has second thoughts about the person they are married to.
You or your spouse receive an inheritance or own a business.
If there is an inheritance or a business involved, money will also be in the conversation. A postnup will be helpful in case the company should suddenly takes off and there is an insurgence of funds. The same can be said for an inheritance. A postnup will simply determine in an official document which gets what.
What can a Family Lawyer do to Help with Postnuptials?
If you and your spouse choose to draw up a postnup, having a good postnup lawyer could mean the difference between misery and happiness. You will want to ensure that you don’t get the bad end of a deal between you and your soon-to-be-ex. A good lawyer will make sure that doesn’t happen.
A good lawyer is vital if your divorce is going to get messy. Rarely when two people are going through a divorce are they happy and agreeable with one another. A good lawyer drawing up a postnup will make this process easier and less stressful for you and your spouse.
Contact a North Carolina Family Attorney for Help with Postnuptial Agreements
Most people getting married aren’t even thinking about divorce and don’t think about getting a prenup. Postnups are helpful in these cases when reality hits home and you realize that you should have a backup plan in case of a messy divorce.
If this is you, then contact King Law Office, and we will be happy to assist you and your spouse as you draw up your prenup. Nobody wants or plans to get divorced, but it’s always good to plan if divorce becomes a reality. Call our office today at (888) 748-5464 or fill out our contact form.