[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]It is easy to get caught up in the excitement of a new marriage. After all, the fun of a wedding is not in the paperwork but in the promise of a bright future together. Without adequate preparation, though, you may make errors that could compromise your financial future.
Most people are aware of what a prenuptial agreement is and how they can benefit from one in case of divorce; however, few couples know that a postnuptial agreement may achieve similar results. If you are getting divorced or have questions regarding postnuptial agreements, contact the Elliot Green Law Offices for advice.
Staten Island divorce attorney Elliot Green can examine your case and help you avoid making key mistakes that could compromise your interests. Call us today at 718-260-8668 to schedule an appointment, and read on to learn what a postnuptial agreement is and how it may benefit you.
Postnuptial Agreements in New York
Postnuptial agreements are fairly similar to prenuptial agreements. According to ABC News, a postnuptial agreement can help clarify certain issues between spouses after a marriage.
A postnuptial agreement is essentially a legal document that you and your spouse sign after a civil union. It usually stipulates how the courts will divide finances in case of separation or divorce.
Experts recommend detailing how to divide the property that you have acquired both privately and together during the marriage. Many postnuptial agreements also specify how to handle debt and spousal support in the event of a divorce.
Why should you sign a postnuptial agreement?
There are several reasons to sign a postnuptial agreement with your spouse. Some couples use a postnuptial agreement to ensure that one spouse will remain faithful after cheating during the marriage.
It is also advisable for cases involving children. If you have worked your entire life but eventually leave your job to care for children, then you may want to sign a postnuptial agreement to ensure your financial stability in the event of a divorce. Couples who have children from previous marriages also use postnuptial agreements to ensure that children outside of the current marriage will receive specific assets.
It may be awkward to discuss personal finances or the possibility of divorce with your spouse, but being open about these topics can help couples avoid conflict down the line. A marriage will alter the way the courts handle your finances, and it is important to understand all financial matters with your spouse. Honesty and integrity are the cornerstones of a healthy marriage, and discussing the pros and cons of a postnuptial agreement may be a good starting point for an open discussion about your financial future.
If you have any questions regarding divorce, prenuptial or postnuptial agreements, contact the Elliot Green Law Offices. We can guide you through complex family law matters and help you make the best decisions for your interests. To schedule an appointment with a Staten Island family lawyer, call us today at 718-260-8668.
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