Good financial planning requires that you make smart decisions about your finances. For some couples, this means reaching a financial agreement about your assets, debts and other marital obligations.
A prenuptial agreement is a legal contract you enter into before a marriage. The purpose of a prenup is to ensure that you and your spouse-to-be enter into the marriage with a clear understanding on the division of finances in the event of a divorce or death. A post-nuptial agreement is a legal contract you enter into after marriage. The purpose of the agreement is to settle financial and marital issues that are present within the marriage. In either case, both spouses determine the contents of the agreement.
The law surrounding prenuptial and post-nuptial agreements is complicated. Plus, the facts of each case are unique. For more information on prenuptial or postnuptial agreements please contact one of our family law attorneys today.