Both prenuptial and postnuptial agreements are legal documents that address what will happen to marital assets when a couple divorces—or even if one of them dies. While both agreements describe similar matters, there are notable differences between the two. Whether you want to have one of these agreements prepared or you are wondering how a current agreement will affect your upcoming divorce, it is time to speak to a knowledgeable Naperville, IL postnuptial agreement lawyer. When you have a strong, highly skilled divorce attorney as your advocate, you can rest easy, knowing your issue will be resolved with the best outcome possible.
What is a Postnuptial Agreement?
A postnuptial agreement is a legal contract, but rather than being prepared before a couple marries, it is prepared and signed after the marriage. A postnuptial agreement can occur any time after the marriage takes place and usually details how the couple’s assets and debts will be managed in the event of a divorce. A postnuptial agreement may set the terms of property division between the couple and can be helpful for any of the following reasons: