A postnuptial agreement allows you to protect yourself and your assets in case of divorce. These agreements become especially relevant when significant financial changes occur within a marriage.
Addressing any of these new circumstances through a postnuptial contract allows you to adapt to new financial realities and plan for your future with clarity.
Blended families
If your family grows after you marry, a postnuptial agreement provides a structured way to navigate complex dynamics. It allows you to specify asset division among biological and stepchildren and clarifies provisions for children living outside your home
Income changes
It is not uncommon for income balances to change during your marriage. You may receive significant salary increases, or perhaps you were the higher earner before your marriage, but now you have given up your wages to stay home with your children. A postnuptial contract accounts for these changes and clarifies how to divide wealth equitably given the shift.
Inheritances and family gifts
Before your marriage, you may not have considered the likelihood of receiving an inheritance or any financial or material gifts from your family. Yet given that an estimated 13% of inheritances have a value of $500,000 or more, you may want to ensure this money or property remains in your family after a divorce. Addressing these assets via a postnuptial contract may better support the wishes of the person who gave them to you while preserving the legacy of cherished items.
When significant financial shifts occur in your marriage, tailoring a postnuptial agreement to address these alterations can foster security and harmony in your relationship.
