Palmer Rodak & Associates
Palmer Rodak & Associates
Certified Family Law Specialists State Bar of California Board of Legal SpecializationServing your Community for 19 Years
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What should you know about postnuptial agreements?

If you didn't opt for a prenuptial agreement before getting married, you may be regretting that decision when you're contemplating a divorce. Fortunately, there are still options available if you want an easier way to divide your assets. Postnuptial agreements are one of those possibilities.

The Business Dictionary defines a postnuptial agreement as an arrangement that determines how your shared assets will be divided if a divorce does occur. In a way, it's related to prenuptial agreements in that they both fulfill the same purpose. The main difference? Prenuptials take place before the marriage. Postnuptials take place after you have been married, whether you have already decided to get a divorce or if you're just using the agreement as a way to salvage your marriage.

Also like prenuptials, postnuptials are not legally binding but can still hold a fair amount of weight in court. While some couples may utilize it as an incentive to stick together and try working through a divorce, others use it as a way to try dividing assets when they know that a divorce is coming down the road. Being able to decide who gets what when both parties are in a clear and calm state of mind is generally considered the best way to tackle asset and property division.

Postnuptial agreements can be helpful to couples who are considering a divorce. The peace of mind that comes with having your assets already divided may help alleviate some of the stress on your marriage. If you're divorcing, it can also help the process to go more smoothly, so it's beneficial to people in many different situations. It might work for you, too.

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Palmer Rodak & Associates
Certified Family Law Specialists State Bar of California Board of Legal Specialization

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