Married life can come with its share of surprises. While you and your spouse may have started your life together on the same page, sometimes your circumstances change. That’s where postnuptial agreements come in.
What is a Postnuptial Agreement?
Postnuptial agreements, often referred to as "postnups," are legal documents similar to prenuptial agreements but formed after a couple is already married. Unlike prenups, which are created before marriage, postnups can be drafted at any point after the wedding.
Why Would You Want or Need a Postnup?
As leading family law attorneys in Columbus, we can help you craft a postnuptial agreement to address your specific situation. Here are some common reasons why married couples in central Ohio seek postnups:
Changing Financial Circumstances: As marriages evolve, so do the financial situations of the spouses. For example, if one spouse starts a successful business after marriage, a postnup can specify how that business would be handled in the event of a divorce.
Avoiding Prolonged Litigation: Having a solid postnup can help avoid a lengthy legal battle by clearly outlining terms for property division and other financial matters if the marriage ends.
Protecting Inheritances: If one spouse expects to receive a large inheritance in the future, a postnup can ensure that this inheritance remains separate property under Ohio law and protected in the event the couple separates.
Safeguarding Separate Property: Some property that may have been considered separate property can transmutate into marital property during a marriage. A postnup can protect a spouse’s separate property to ensure it will remain separate property if they divorce.
Addressing Unique Marital Situations: Postnups can be tailored to address any specific concerns or situations in a marriage, as long as the terms are fair and comply with Ohio family law.
The Importance of Legal Counsel for Postnuptial Agreements
By creating a postnuptial agreement, couples can proactively address potential issues and provide clarity for their financial future. Our Ohio divorce lawyers have the experience needed to make sure you are fully informed of your rights. We can offer legal insights to ensure you’re entering into an agreement with full knowledge of any future potential consequences.
If you're considering a postnuptial agreement in Ohio, don’t hesitate to reach out. Contact Wood & Long today at (614)567-3031 to schedule an initial consultation. Let our experienced family law attorneys help you secure your financial future with a carefully crafted postnuptial agreement.
Written by Kelsi Robinson
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