What should be included in a postnuptial agreement?
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What should be included in a postnuptial agreement?
Postnuptial agreements may include provisions related to division of property and assets after divorce; the parameters for spousal support; division of debts; and what happens to assets after one party’s death.
What is Post Nup?
A postnuptial agreement is a written agreement executed after a couple gets married, or have entered a civil union, to settle the couple’s affairs and assets in the event of a separation or divorce. It may be “notarized” or acknowledged and may be the subject of the statute of frauds.
Does a prenup protect your money?
Prenuptial agreements can be a great tool for protecting assets for married couples who ultimately end up divorcing. Certain assets can absolutely be protected. Others not so much. Here is the list of ways you can protect (at least some of) your money and assets without a prenup.
Will I inherit fiance’s debt?
Marrying Debt The first and most important thing to know is you will not automatically become responsible for your partner’s pre-existing debt when you get married. The debts you took out in your name will remain your debts. The debts your partner took out in their name will remain theirs.