Friday, December 20, 2019

Prenuptial VS. Postnuptial Agreements – What’s The Difference?

Have you ever been in a serious relationship and wondered what the future looks like for you two? Perhaps you've been married before and it ended badly in divorce, so you are a little reluctant to get married for a second time. Either way, if you are worried about being taken advantage of financially because that has happened to you in a previous marriage, you should know what your options are. Our Lake of the Ozarks law firm is here to give you information on prenuptial and postnuptial agreements. You should know what the differences are between the two if this is something you are considering. If you have questions, you should call Gibbons Law Firm for a free consultation. We can be reached at (573) 348-2211.

Prenuptial Agreements
Prenups, as somewhat stated in the name "pre", come before the marriage takes place. There are many reasons someone may want a prenup because they can protect you financially if the marriage ends in divorce. People may choose to get a prenuptial agreement for any one of the many reasons:
  • To protect themselves from their partner's potential debt
  • To pass along valuable items upon their death to children from previous marriages
  • To clarify how shared property would be divided upon a divorce
The hope is that you never have to reference the prenuptial agreement again because your marriage doesn't end in divorce, but a prenup can act as a form that gives you peace of mind just in case.

Postnuptial Agreements
Postnups, as somewhat stated in the name, "post", can come after you marry someone. You can generally cover most of the topics you would typically cover in a prenup with a postnup but it is only entered into after you are married. Perhaps you changed your minds or your circumstances have changed financially and forced you to consider getting a postnup. Whatever your reasons may be, you should run your questions by an experienced family law attorney at the Lake of the Ozarks before making any hasty decisions.

Prenuptial or Postnuptial Agreement? Gibbons Law Firm is Here for You!

It's important to realize that these types of agreements are not for everyone. Generally, if one of the two of you isn't one hundred percent on board for getting an agreement like this, it probably isn't a good idea and could even potentially cause a problem in your marriage. Either way, we are here for any questions you may have regarding family law. Family law deals with issues arising from marriage and other domestic relationships. The cases give rise to matters that include divorce, legal separation, division of assets and liabilities, spousal support, child custody, child support, and other matters. Other related aspects of family law include adoptions, annulments, guardianships, paternity cases, termination of parental rights, and prenuptial and postnuptial agreements. For your free consultation with an experienced family law attorney at the Lake of the Ozarks, call Gibbons Law Firm today.

Remember, your initial consultation with Gibbons Law Firm is always free.

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Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049

(573) 348-2211

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