If you are in a relationship that is heading toward divorce, you may feel paralyzed. However, you may also be able to take legal control of your relationship prior to the divorce. Even if the divorce truly is a foregone conclusion, there are ways to make the process easier on everybody involved. One of these ways is with a postnuptial agreement. According to Forbes, postnuptial agreements can help couples document their assets and note their intentions in a legal matter after marriage.
Most people are familiar with the concept of the prenuptial agreement by now. A postnuptial agreement is essentially the same thing, only it is enacted after the vows are said and the paperwork is signed. Postnuptial agreements may be created in the direct aftermath of a marriage or years after. It is common for couples to get postnuptial agreements after having children since, generally, the financial landscape of the marriage changes at this point.
Postnuptial agreements are also a good idea for couples who are going through marital strife. Sitting down and legally stating intent for assets can help couples potentially save their marriage. Postnuptial agreements can even be used to enact harsh penalties in the event of one party committing adultery.
Even in the event that your current relationship is going to end in divorce, a postnuptial agreement can help you both create a path for your divorce to follow before you actually go through the paperwork. This can make the process much less stressful on you, the other party, and any children who are involved. Couples who decide to start a business together may also benefit from a comprehensive postnuptial agreement.