The news is filled with stories of celebrity divorces these days. One thing
that quite a few of the couples have in common is a prenuptial agreement.
With the publicity that these agreements are getting these days, some
New York couples may, in retrospect, wish they had signed a prenuptial
agreement before they got married.
The good news is, it's not too late. Married couples don't have
to be contemplating divorce to make the rational move of identifying assets and
protecting interests and property. They can ensure things are in order, whatever the state of the relationship
becomes, by creating a postnuptial agreement.
Most everyone knows how prenuptial agreements simplify and speed up divorces
or simply give couples peace of mind that, no matter what happens with
their marriage, certain matters are already decided. The postnuptial agreement
allows New York couples to accomplish virtually the same thing.
Any issues that are addressed prior to marriage may be addressed in postnuptial
agreements. Issues such as property division, alimony and child support
are typical topics included in such an agreement. So long as the terms
are considered fair and equitable at the time the agreement is signed
and properly executed, it may be considered valid and enforceable when needed.
The key to a successful postnuptial agreement is making sure that it complies
with all applicable laws. That's why it's important to have an
attorney involved. Indeed, sometimes it makes sense for each spouse to
get the help of separate attorneys to make sure their rights are fully
protected, come what may.
Source: The Huffington Post, "Postnuptial Agreements: The Prenup for Married Couples," Ken Altshuler, Sept. 21, 2012