You cannot predict the future, and that means you cannot predict how you will feel about your partner and the next five years. Life grows, so do marriages. Marriage is wonderful, but marriage is also difficult. When getting married you should feel safe making level-headed decisions and discussing what the future might hold, even if that discussion is a discussion about what happens if your feelings change in the future.
At Winfrey your Law Firm PLLC, we understand it can be very frightening to hear the phrases prenuptial and postnuptial agreements thrown around. That is why we believe in defining the difference between the two phrases, and getting rid of any misconstrued beliefs regarding these agreements. We also understand how a prenuptial agreement and postnuptial agreement can change your life, give you security in your marriage and take a lot of your stress.
What is a prenuptial agreement?
If you’re getting married, or have you married in the near future, think about a prenuptial agreement. Money and communication are usually two of the top three reasons that people get divorced. It’s important to protect each spouse. The best reason to enter into a prenuptial or premarital agreement, it’s to foster a healthy communication about your finances. Both spouses know what they provide in a relationship, and you can’t divorce over finances.
But what exactly is a prenuptial agreement? A prenup is a contract I just entered into with you prior to a marriage. This type of agreement will always work regardless if this is your first or your sixth marriage. It’s not just for the rich and famous, everyone has something worth protecting, something that means something to the end, that they would want to keep in their families. Prenups give guidance as to what happens to property, debts, future inheritance and your earnings.
A couple that is prepared to walk down the aisle should not have any intention of divorcing, while they are walking down the aisle. Statistics tell us that reality says differently.
What is a postnuptial agreement?
But what happens if you are already married? You didn’t get a prenup, so you’re screwed right? No, absolutely not! A postnuptial agreement is an effective way to document intentions for your earnings, your assets during the marriage, as well as in the event of a future divorce. Postnuptial Agreements are usually used early in the marriage when the couple did not have time to finalize a prenup before the wedding or 10 years down the line when the couple is aware that there are issues that are a threat to their relationship.
Why would someone want a prenup or a postnup?
Both a prenuptial agreement and a postnuptial agreement protect your assets in your marriage, whether in the event of a divorce, or inheritance issues. A good prenuptial and postnuptial agreement lawyer such as the ones available at Winfrey Law Firm PLLC. are going to be able to tell you everything you want to know about post-nuptial agreements and prenuptial agreements.
Bring all questions about your state’s laws and regulations involving your prenuptial and postnuptial agreements to your lawyer at Winfrey Law Firm PLLC. The law firm is prepared to answer all questions you might have about such agreements.