A Postnuptial Agreement is a contract that is entered into by married parties after the nuptials have transpired. Such an agreement intends to outline the parties’ rights regarding assets, income and property in the event of separation or divorce. A Postnuptial Agreement may be of particular value if one or the other spouse expects to or obtains a substantial increase in income, property or inheritance during the course of the marriage. Both parties, of course, must be agreeable to the drafting and implementing of this agreement and, as with a Prenuptial Agreement, an attorney for one of the parties would draft the agreement and an attorney for the other party would review until, after much review and negotiation, a final product is agreed upon and the parties would then sign.
MacElree Harvey’s family law attorneys, with their combined years of experience, are available to assist with the drafting or review of a Postnuptial Agreement.
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