Postnuptial vs Prenuptial Agreements

How Can Our Divorce Lawyer In Smithtown Help You?

Though many people consider their wedding night to be the start of eternal bliss with their partner, this will not be the case for about 44% of couples. For those who face a divorce, signing prenuptial and postnuptial agreements will make this process easier. If you’re looking to sign one of these agreements, but are not sure which one will be most beneficial, the team at Simonetti & Associates is here to help. Our divorce lawyer in Smithtown will walk you through which option is best for your relationship so your assets can remain protected.

Prenuptial Agreements

A prenuptial agreement is one that takes place before marriage. This agreement is used to help determine how assets will be divided should the marriage end in divorce. By determining this ahead of time, you can greatly reduce the likelihood of a long, drawn-out divorce process. Prenuptial agreements also protect all assets in the event of one spouse’s untimely death. Our divorce lawyer in Smithtown states that young couples getting married for the first time typically won’t need to create this contract if neither is bringing significant assets into the relationship.  

Postnuptial Agreements

Couples who thought about a prenuptial agreement but did not have time to create one due to the stresses that lead up to a marriage should take solace in the fact that postnuptial agreements are just as effective. The only difference between postnups and prenups is that postnups are created after a couple has become married.  

Benefits Of These Agreements

In most cases, our divorce lawyer in Smithtown agrees that prenuptial agreements are more straightforward than postnuptial ones. This is because once you become married, most of your assets become marital property, meaning they are jointly owned.  However, creating a postnuptial agreement will be more beneficial than having no agreement should the marriage end abruptly. The benefits that both of these agreements can bring include:

  • A clear layout of the dispersion of assets.
  • The ability to take sole ownership of assets one spouse acquires through inheritance.
  • Come up with a potential alimony amount before negative feelings impact this decision.  

Contact Our Divorce Lawyer In Smithtown Today

Though it is unfortunate, almost half of all marriages in the United States end in divorce.  With the odds of this occurring so high, there’s no reason you shouldn’t do everything in your power to protect your assets. Developing proper prenuptial and postnuptial agreements can save you from an unnecessarily time-consuming and expensive divorce process. To learn more about these two agreements and how they can be used to your benefit, contact our divorce lawyer in Smithtown today.

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Postnuptial vs. Prenuptial Agreements