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The importance of prenuptial and postnuptial agreements

On Behalf of | Feb 8, 2019 | Family Law |

As much as married couples in Connecticut may want to believe otherwise, a lot of marriages end in divorce. After all, feelings change, and as people grow older, they are liable to grow apart. As a result, plenty of couples would benefit from having a prenuptial agreement ironed out while they are both still in a good state of mind; the alternative is to wait till emotions are running hot during the divorce to make critical decisions.

A prenuptial agreement is a contract between two people who are about to get married that usually sets provisions for spousal support and details of asset division among other things in the event of a divorce. However, a prenup can also cover other matters such as what happens to the couple’s liabilities and future inheritances. In the end, it is the prenup’s function that matters more than anything: to help the couple have a healthy and honest conversation about their financials while there aren’t any bad feelings festering.

As for couples who have already married without a prenuptial agreement in place, they can resort to a postnuptial agreement. Postnups can be an excellent way for couples to still have the all-important conversation about their finances even after having said their I-dos. This can become all the more pertinent as the marriage grows and the couple starts realizing that there might be issues they need to address today in order to buy themselves some peace of mind later down the road.

Even though some couples feel that having a prenuptial agreement set in place is akin to expecting a marriage to fail eventually, the fact remains that both prenups and postnups are valuable tools that can actually save a marriage or at least make a divorce go much smoother. Ergo, couples might benefit from asking a lawyer to advise them on how to make use of this important legal tool.