According to a recent study from the American Academy of Matrimonial Lawyers, there has been a general trend toward more couples across the U.S. developing and signing postnuptial agreements. This is occurring among couples of all different incomes, as many are finding it beneficial to clearly outline all of the major issues in a marriage so that each partner has a clear understanding of the other’s expectations and viewpoints.
When you think about it, this makes a lot of sense. Postnuptial agreements (and their before-marriage versions, prenuptial agreements) suffer from a fairly negative stigma in our society, but in fact they can contribute a great deal to the overall health and sustainability of a relationship between two people.
For marriages in which large amounts of assets are involved, the benefits of a postnuptial agreement are quite clear. It can provide clarity and transparency into the couple’s financial circumstances and what each would receive if the marriage someday dissolves. However, even couples of more modest incomes are using postnuptial agreements to provide greater peace of mind, as they can cover everything from assets and property to inheritance issues if one partner passes away.
Postnuptial agreements are also important for marriages that involve ownership of a business. Some business partners actually require their co-owners to establish these agreements with their spouses to protect their interests. They don’t want a divorced owner’s former spouse staking a claim to part of the business sometime in the future.
If you and your spouse are finding it difficult to manage certain issues within your marriage or simply want to work together to establish and maintain reasonable expectations moving forward, consider a postnuptial agreement. A knowledgeable Jacksonville family law attorney with Combs Greene, PA can help with this process.
Attorney Andrea Jevic also contributed to this blog post.