Postnuptial Agreement
What is a postnuptial agreement?
A postnuptial agreement is a legal contract signed after marriage that determines how financial matters are handled in the event of a divorce. In it, each person discloses all assets, finances, and debts, and the couple decides what will remain separate versus community property; everything earned during marriage becomes 50/50. Unlike a prenup, a postnuptial agreement allows joint representation.
Why hire us?
Thanks to Barry Bonds, parties interested in a prenup must hire separate counsel, but luckily, with a postnuptial agreement, you can hire the same lawyer, cutting the fees in half. By hiring us for your postnuptial agreement, you:
- Ensure that the division of financial matters upon divorce is in your control instead of the courts
- Reduce the risk of disputes and unequal distribution of financial assets in the event of divorce
- Assist with a Step-up in Basis to reduce capital gains
