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Why a postnup can be a good thing

On Behalf of | Feb 19, 2021 | Prenuptial/Postnuptial Agreements

If you skipped a prenuptial agreement before your wedding in Maryland, you can still protect your assets with a postnuptial agreement afterward. Many couples view creating these types of agreements as an unpleasant chore that makes them consider the possibility of getting divorced. However, signing a postnuptial agreement can actually strengthen your marriage instead of weakening it.

How can a postnuptial be a good thing?

If you and your spouse tend to argue about money, signing a postnuptial could actually help you keep your marriage intact. When you write a postnuptial agreement, you can keep your debts and finances separate. This means that you won’t have to worry about your spouse trying to seize your assets or loading you with debt after you split. Once you’ve protected your finances, you might find that you’re less worried about your financial situation.

No one wants to think about getting divorced when they’ve just gotten married. However, a postnuptial agreement can give you valuable peace of mind. If the relationship turns sour, you’ll know that you can file for divorce and keep most of your assets. Without a postnuptial agreement, you might stay in an unhappy marriage for years because you don’t want to deal with the financial stress. A postnuptial agreement can make your future look promising instead of bleak.

A postnuptial agreement also gives you and your spouse the chance to talk honestly about your finances. You’ll have to evaluate your assets and figure out how much they’re worth when you write your agreement. This means that you and your spouse will have to lay everything on the table and discuss your financial situation. If you’re interested in writing a postnuptial agreement, you may want to contact an attorney for more information about this aspect of family law.

When should you sign a postnup agreement?

It’s important to write a postnuptial agreement shortly after you get married. If you wait until you’re thinking about divorce, you and your spouse might be reluctant to come to an agreement. An attorney may help you write an agreement that protects your assets and shields you from taking on your spouse’s debts.