The Postnup

So these days more and more women keep entering the workforce either by choice or necessity. When they get married now life is really good. There was one income and now there are two incomes. More things can be bought. Possibly a bigger house, more expensive car, more vacations to better places and then BOOM!. The famous 5 words that change everything…..I think I am pregnant. Now What? 

Some women work through their pregnancy and some take some time off. Some go right back to work after giving birth and some stay at home to raise the children. 

So where am I going with this story about women working? Well for some couples when they get married, they have nothing and so they bring nothing into the marriage and build a life together. For some, they bring assets into the marriage and wish to protect what they have so they create a prenuptial agreement. There are many thoughts and opinions on these agreements. Some say that it is a recipe for a divorce before the marriage even has a chance to begin. Some say it kills the romance and the hope that needs to be in the marriage by placing a value on the marriage. Some say the prenups shouldn't exist and some say divorce shouldn't exist either, but the fact is that they both do. 

Whatever your view maybe on prenups there is a growing trend on postnuptial agreements. These are agreements that are created during the marriage. Why? Do they cover all financial issues? Postnups can't be used to determine child custody and support issues because this need to be determined by a court of law, but since money is often a cause for people to get divorced, one way to avoid that it is to put all the cards on the table and create a postnup.

Postnups have to be created by attorneys and in a legal dispute courts typically look to see if the document appears to be coercive or reasonable. Bringing up the idea to create a postnup could be a tricky situation, but maybe necessary. Put all the financial cards on the table and plan in case something happens inside or outside of the marriage.

More and more women are using postnups when they have children and quit work to raise the children. They like to know that maybe they will have some financial security if they one day may get divorced.

Prenup and postnuptial agreements are not for everyone, but more couples are using both of these agreements especially in 2nd marriages. When 55% of first time marriages end in divorce and 75% of second marriages end in divorce and the leading cause is finances, then head off the trouble at the pass and plan for the rainy day when the sun is still shining.  

iMediate Inc. is here to help mediate issues as you face divorce and we are here to help you stay together. If you choose to have this difficult discussion then call us so we can help you settle this dispute and along with the help of your attorneys we can craft an agreement that will both protect and provide for all family members. Once this is done then you can go back to enjoying one another in your marriage. 

iChat Mediation invites you to come and learn more about having either your divorce conducted by one of our State Supreme Court Certified mediators or how you can become part of the most cutting edge virtual companies in the world. To learn more visit us online at http://www.ichatmediation.com or call us at 877-822-1479.

In the words of Lawton Chiles, “I didn’t come to stay, I came to make a difference.”