Post Marriage Agreements

When her husband`s family came up with the post-Nup idea, Suzanna had mixed feelings. “On the one hand, I had no intention of taking anything away from her or negatively influencing the value of her inheritance,” she says. At the same time, she couldn`t help but feel “as if it were a vote of disbeliever that they thought we weren`t a solid couple.” This sentiment was exacerbated by Suzanna`s sense that, because she and her husband were married under the status of common Kansas law – they had signed a sworn declaration of marriage after the birth of their son – in the eyes of her husband`s family, “the fact that he and I were not married in a Catholic ceremony meant that it was not “legitimate” in their religious vision. Meanwhile, a handful of states, including Ohio, do not recognize post-marital agreements at all or recognize them only in extremely limited circumstances. What you can or cannot include in a post-uptial agreement is largely subject to state law. Some of the provisions that are usually contained in post-uptial agreements are: You can feel as if you and your new spouse are destined for eternal bliss. But given that nearly 44% of marriages end in divorce, the divorce rate for second marriages is even higher – 67% to 74% – and if you stay married, one of you will eventually die, the idea of a prenup or a post-nup seems like a good idea. There is another benefit for the wealthier spouse if he has a post-nup, says Sandra Davis, head of the Family Department of Mischon de Reya, which specializes in premarital comparisons with couples with a net worth of between $1 million and $30 million. “I`m negotiating a post-Nup,” she says.

“I think they are often precursors to a divorce in which the creator of property in marriage tries to get away with paying less than what he or she would pay if the case were to be tried, because they would have to fully disclose their true importance in court.” Divorce is often considered one of the most traumatic events in a human being`s life. However, if you can manage the financial details quickly and by mutual agreement after deciding to part with you, it can eliminate some of the pain in the process. While prenups and postnups can be considered valid and enforceable in divorce, some experts say that a marriage deal is often the easiest of the two, as it is done before a pair of assets combine. Nevertheless, divorce lawyers say that a post-uptial agreement is better than no deal at all, especially for couples of married couples with considerable fortunes or large discounts. These two documents also clarify the issues in the event of the death of a spouse, in particular a spouse who brought children to the marriage. The additional agreements help to strengthen the security of couples in the way assets are distributed in the event of separation or divorce. This clarity can be beneficial, especially if you have been married before and have children from a previous relationship. Use our customizable post-thaw chord template to create, save and print.

About the author