After you tie the knot and settle into married life, it's important to review your financial situation every now and again. This may lead you toward learning more about a postnuptial agreement.

Just the same as a prenuptial agreement, it's designed to protect assets you bring into a marriage, to protect the inheritance rights of children from a past relationship and to safeguard your business, among other details.

The primary legal difference between a postnuptial agreement and prenuptial agreement is when you enter into an agreement. As the name suggests, a prenuptial agreement is created before you marry, while a postnuptial agreement happens after you tie the knot.

Should you consider a postnuptial agreement?

Many people prefer a postnuptial agreement to a prenuptial agreement because they don't have to ask for it before getting married. This allows you to avoid the potentially awkward situation of discussing divorce before you're even married.

Other reasons to consider a postnuptial agreement include:

  • To ensure that both individuals protect themselves from debt that the other brought into the marriage
  • To protect an individual who may stop working to raise their family
  • To define what will happen to assets that each individual brought into the marriage

Is it valid?

Creating a postnuptial agreement is easier said than done, as there are many conditions that can invalidate it. These include but are not limited to:

  • Opting for a verbal postnuptial agreement, as opposed to putting it in writing
  • If one individual forces the other one to sign the document
  • The inclusion of invalid provisions
  • The inclusion of incomplete, inaccurate or false information
  • Grossly unfair to one individual

You can take your time when creating a postnuptial agreement, as there's no deadline in place. This allows you to talk things out, consider many different approaches and draft an agreement that works for both individuals.

Just because you create a postnuptial agreement doesn't mean you'll go through divorce in the future. However, if you want to give yourself peace of mind if something does go wrong with your marriage, this legal document will do just that.

Visit our website and read our blog for more information on postnuptial agreements, prenuptial agreements and the divorce process in Ohio.

No Comments

Leave a comment
Comment Information

Schedule A Free Consultation With Attorney Gregg R. Lewis

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Get my free consultation

When You Need Guidance For Life's Most Critical Problems, Trust A Longtime Law Firm In Columbus.

Gregg R. Lewis, Esq. - Harry Lewis Co., LPA
625 City Park Avenue
Columbus, OH 43206

Phone: 614-221-3938
Fax: 614-221-3713
Columbus Law Office Map