Often, couples marry without a marriage contract and later decide that they would feel more comfortable with a postnup. These types of legal contracts can replace state law, which would normally dictate how assets and assets would be distributed in the event of divorce. Of course, a prenup is always preferable to a postnup, as prenups are easier to enforce by the courts. We want to conclude a post-marital contract. Basically for the home. In case of divorce, I keep the house. (under my name, but acquired after marriage) We both agree. No children. Is that possible? Thank you very much. If you want to change your prenuptial agreement, but your spouse wants to keep it as it is, you should check the applicability of the spouse. As mentioned earlier, there are many reasons why your prenuptial agreement may be considered invalid. You can read our blog on the subject here.

Work with one of our experienced lawyers and we will help you review your prenuptial agreement and the circumstances of its creation to determine if it is a binding document. If you find a reason for the invalidity of your prenuptial agreement, you may not have to worry about a change at all. A prenup can also protect any income or assets you earn during marriage, as well as unearned income from a bequest or escrow distribution. Without prenup, you may have to pay alimony to your ex-spouse. However, with a prenup, you can predetermine or even eliminate a certain amount of maintenance. A marriage contract is a contract signed before the marriage. Many critics argue that negotiating a prenuptial agreement before your marriage is completely unromantic, and the uncomfortable process can doom a marriage to failure before it begins. However, proponents of prenups point out that these deals can save a lot of grief in the event of a divorce, not to mention the money — especially if it`s not their first marriage. If a couple decides to break up, prenups can prevent nasty, protracted, and overly costly court battles. Since everything is already defined in the agreement, everyone knows exactly who gets what, and there is no room for discussion.

Post-nuptial contracts have become increasingly common in recent years, and almost all 50 U.S. states now allow them. In many ways, postnups are almost identical to prenups. The biggest difference is that post-nuptial arrangements are made after marriage. Divorce is often considered one of the most traumatic events in a person`s life. However, if you can handle the financial details quickly and amicably after deciding to part ways, it can take some of the pain out of the process. While prenups and postnups can be deemed valid and enforceable during a divorce, some experts argue that a prenup agreement is often the simpler of the two because it is made before a couple combines assets. Still, divorce lawyers say a post-uptile contract is better than no deal at all, especially for second-time couples with considerable assets or large estates.

Both documents also clarify issues in the event of the death of a spouse, especially the one who brought children into the marriage. As the name suggests, a marriage contract is concluded before the marriage. In this type of agreement, the couple determines how they will divide their property if the marriage ever ends. In this sense, it is a financial instrument. Prenups are a common step before marriage, and postnups are becoming more common after marriage. If you have any questions about whether a prenup or postnup is right for you, contact Thompson Law for a consultation. It is quite normal to walk down the aisle, hoping and dreaming that your union will last a lifetime. And we hope so! However, the bitter reality is that almost half of all marriages end. In fact, the current divorce rate in America is a whopping 42.6%, with 41% of purchases, 60% to 67% of second marriages, and 74% of third marriages ending in divorce.

Both parties must hire their own divorce lawyer when entering into a marriage contract. Failure to hire your own attorney may not be reason enough to cancel an agreement. You should be well informed about the pros and cons of the agreement before signing it. Once a marriage is fully executed, it can be binding and immutable, you should proceed with caution. While we will always recommend a prenup to facilitate enforcement, a postnup will facilitate the divorce process through predetermined negotiations, reduce potential costs, and avoid lengthy litigation versus no deal at all. — Intro: Getting married is exciting. .