San Francisco Post Nuptial Agreement Lawyers
What is a Post Nuptial Agreement?
Post nuptial agreements are marital contracts that define how a married couple’s separate and joint property are to be divided in the event of divorce, separation, or death. Unlike prenuptial agreements, which are drafted and filed before marriage, post nuptial agreements are drafted and signed after the marriage has already commenced. Furthermore, post nuptial agreements are also legally binding, and remain valid until both spouses agree to modify or terminate the agreement.
What is the Purpose of a Post Nuptial Agreement?
Like a prenuptial agreement, post nuptial agreements outline how a married couple’s marital and separate property will be divided if the marriage ends in divorce, separation, or death. However, post nuptial agreements can serve other purposes, such as detail the terms of child custody, child support, and spousal support, so there is no discrepancy or confusion in the future if these issues arise during the divorce process.
Post nuptial agreements are also drafted when a couple’s economic circumstances change unexpectedly. When changes affecting a couple’s financial situation occur, one spouse may wish to protect himself/herself in the future. For example, if one spouse suddenly falls into mounting debt, the other spouse may wish to draft a post nuptial agreement that states he/she is not responsible for any debt accrued by the other spouse. On the other hand, if one spouse opens a business, he/she may wish to file a post nuptial agreement to ensure the business and all its assets and value remain in his/her name after a divorce.
Post nuptial agreements can also act in the same function as a will or trust, granting control to the other spouse in the event of incapacity or death. Likewise, if a spouse unexpectedly inherits a lot of money, he/she can use a post nuptial agreement to state how that money is to be divided and allocated after his/her death.
Contact a San Francisco Post Nuptial Agreement Attorney
If you and your spouse are interested in drafting a post nuptial agreement, we can help. Our San Francisco post nuptial agreement lawyers can help you create a customized agreement that meets the needs and satisfaction of both you and your spouse. In addition to helping you draft a post nuptial agreement, we can also offer advice, explain your marital rights, and answer any questions you may have.
Over 50% of today’s marriages end in divorce. Don’t leave yourself vulnerable and unprotected. We know that drafting a post nuptial agreement can be difficult. In many cases, drafting a post nuptial agreement is even more difficult than drafting a prenuptial agreement. That fact is that although it may be awkward at times, having a valid post nuptial agreement in place is the best way to protect your financial security in the future. You can trust us to draft a solid and thorough post nuptial agreement that will protect your best interest a secure your financial well-being.
Contact a San Francisco Post Nuptial Agreement Lawyer today!