Some couples consider a prenuptial agreement when they are getting married.
But what if you weren’t one of those couples? Is it too late once
you’ve been married to put something in place to address some of
the important issues in the event you get divorced?
No, it’s never too late and that’s why in the later portion of the 20th century postnuptial agreements were introduced.
Some think postnuptial agreements were a vehicle crafted in response to
the increase in divorce rates in the 1970s. Postnuptial agreements have
proven to be very useful vehicles for protection in the event of divorce.
As a divorce attorney and mediator for over 35 years, I have drafted hundreds
of postnuptial agreements.
So what is a postnuptial agreement?
A postnuptial agreement is a written contract executed
after a couple gets married or have entered a civil union. The purpose of this contract is to address and settle a couple’s
affairs in the event of a separation or divorce.
When thinking about the issues to be addressed in a postnuptial agreement
I suggest you consider the following:
- Assets, liabilities, income;
- Expectations of gifts and inheritances;
- Trusts either spouse receives benefits from, whether before or after marriage;
- How post-marital debts will be paid;
- Decide who, or if both of you, will own or occupy the marital residence
and secondary homes in the event of divorce or death;
- What happens to property - real estate, jewelry, artwork, antiques;
- Spousal support;
- Children - child support, custody;
- Health insurance;
- Life insurance;
- Death benefits- what you will provide for in your will.
I have been thoughtfully developing postnuptial agreements for decades!
If you are thinking of introducing one to your marriage please call me.
I will guide you on all of the important issues to cover.
During the ongoing COVID-19 pandemic all our
FREE 1 HOUR CONSULTATIONS are conveniently conducted virtually to reduce risk.
Call now to book your free consultation. 212.734.1551
I look forward to helping you prepare a comprehensive postnuptial agreement.
Stay healthy and safe!
New York Divorce lawyer Lois Brenner is offering a free consultation.
Call today to schedule your appointment 212.734.1551.