Postnuptial Agreements
Many couples make the decision to draw up a prenuptial agreement before they get married so that divorce proceedings can be much easier and faster just in case the marriage does not last. However, most people are unaware that there is such a thing as a “post nuptial agreement”. As the name implies, a postnuptial agreement is a contract a couple enters into after getting married, and it serves the same purpose as a prenuptial agreement.
Parts of a Postnuptial Agreement
There are many details that a couple can include in their postnuptial agreement. Some commonly included aspects are:
- List all of the liabilities, assets, income the couple has, as well as how they will be divided
- Provisions on how debts will be settled after the marriage
- Information pertaining to alimony payments and child support payment
- Identification of any “separate property” that will not be included in the couple’s shared assets
The more detailed and specific you can be on your postnuptial agreement, the fewer decisions and agreements you will have to face in the event of a divorce.
Contact Us
Even though a discussion about postnuptial agreements right after your wedding isn’t the most romantic topic of discussion, it can be extremely valuable and save both you and your spouse a lot of trouble in the event of a divorce. For information about both prenuptial and postnuptial agreements, contact the Houston divorce lawyers of Garg & Associates, P.C. at 281-362-2865 today.
