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How postnuptial agreements can benefit children

On Behalf of | Nov 17, 2020 | Family Law |

When two people in New York are about to have a baby, getting divorced is probably the last thing on their minds. However, experts say that this is the perfect time to sign a postnuptial agreement. If the couple didn’t sign a prenup before they got married, a postnuptial is their next chance to secure their assets and their children’s futures. Otherwise, they may face a lengthy legal battle if their marriage ends.

How can signing a postnuptial agreement benefit your children?

A postnuptial agreement allows the couple to make decisions about their child’s future. They may set guidelines for child custody, child support, visitation rights and more. This may sound like a matter that should be handled during the divorce, but experts argue that it’s actually best to figure it out when the couple is still married. At this point, they’ll still be in love and more likely to work together to negotiate a fair agreement.

A postnuptial can also help people with other issues, like spousal support and property division. If an individual wants to protect a piece of his or her financial property, like a business or his or her childhood home, that person can include that in the postnuptial agreement. This may prevent his or her spouse from seizing these assets in the event of a divorce.

Can an attorney help a couple write a postnuptial agreement?

Hiring an attorney may be the best solution for couples looking to write a pre/postnuptial agreement. A lawyer may help the couple write a legally binding agreement that protects their children during a divorce. An attorney may also help them negotiate issues like spousal support and protecting their business assets. If the couple hasn’t gotten married yet, they can also hire an attorney for help with a prenuptial agreement.