Explaining why you might need a postnuptial agreement
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Explaining why you might need a postnuptial agreement

On Behalf of | Jul 20, 2018 | Divorce |

Getting married should be one of the most thrilling times in your life. Even though it can be stressful planning the big day, you should have no trouble taking a step back and taking it all in once it arrives. After you’ve said your vows, there might come a time where you consider signing a postnuptial agreement. Here are some reasons why this might be a good idea.

One of the most common and obvious reasons for signing a prenuptial agreement is that you want to protect your assets. This document can help prevent a long, drawn out divorce if it ever comes about in Elizabethtown. The postnuptial agreement can document how you want all the assets you have divided up in a divorce all the way down to your collections.

Another reason for signing this legal document is to protect yourself should your spouse get into trouble after you get married. Maybe your spouse got in trouble at work for fraud. Maybe they are addicted to drugs. Whatever the issue, a postnuptial agreement can ensure that you will not be on the hook for any money issues they get into stemming from their troubles.

You can also use a postnuptial agreement to handle the issue of children from a previous relationship. The agreement can document how your child from a previous marriage will cared for should you get a divorce. This can prevent a fight about custody and other issues.

The postnuptial agreement is just as important as the prenuptial agreement many couples sign prior to saying ‘I do’ in Kentucky. Make sure you and your spouse enter into this agreement voluntarily so it cannot be questioned if you ever get divorced.