Grand Rapids Postnuptial Agreement Lawyer

Protect Your Future with a Postnuptial Agreement

Have you recently gotten married or are you planning to tie the knot soon? If so, you may want to consider the benefits of a postnuptial agreement. A postnuptial agreement is a contract entered into by a couple after they have gotten married that details how assets will be divided in the event of a divorce.

A postnuptial agreement allows you to plan for the future and protect your financial interests in the event of a divorce. It is important to note that Michigan law only recognizes postnuptial agreements if the couple is already married. If you are planning to get married, you should definitely consult with a lawyer about a prenuptial agreement.

To learn more about postnuptial agreements, contact The Wealthy Street Law Firm.

What Is Included in a Postnuptial Agreement?

There are a number of things that a postnuptial agreement might include. Some of the more common provisions include:

  • A statement of the assets that each party owns at the time of the agreement
  • A statement of each party's income and expenses
  • A statement of how the couple's property will be divided in the event of a divorce, including any property acquired during the marriage
  • A statement of how the couple's debts will be divided in the event of a divorce
  • A statement of how the couple's children will be divided in the event of a divorce
  • A statement of how spousal support will be determined in the event of a divorce

The terms of a postnuptial agreement can vary widely. To learn more about what is included in a postnuptial agreement, contact The Wealthy Street Law Firm.

Why Would a Couple Consider a Postnuptial Agreement?

There are a number of reasons that a couple may consider entering into a postnuptial agreement. Some of the more common reasons include:

  • One or both parties have assets that they want to protect
  • One or both parties have debts that they want to protect from the other party
  • One party has a business or a high income and wants to protect their assets
  • One or both parties have children from a previous relationship and want to protect their assets from those children

To learn more about the reasons a couple may consider a postnuptial agreement, contact The Wealthy Street Law Firm.

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