Postnuptial Agreements:

A postnuptial agreement is a contract entered into after the couple is married. In some cases, postnuptial agreements change or continue the provisions of a prenuptial agreement.  In many cases, postnuptial agreements may be considered if a couple decides to separate or if one party inherits assets, starts a business or has a substantial increase in income.

Compared to the cost of divorce litigation, a well-written prenuptial or post nuptial agreement is money well spent; it can save thousands of dollars in legal fees.

Prenuptial Agreements:

A prenuptial agreement, also called a premarital agreement, makes sense for many individuals. These agreements set forth clear expectations for two people as they enter a marriage and protects both in the event of divorce.  Florida law requires a seven day waiting period before the parties can sign the agreement.

Prenuptial agreements declare which assets belong to the individuals (separate property) and which assets will be considered community property after the marriage.  For example, if a spouse brings his/her own home, business, inheritance, to the marriage these assets will be protected in the event of divorce.  Many people entering a second marriage enter into a prenuptial agreement to protect their own assets as well as inheritance rights of children from a first marriage.