If you are a husband or wife, you live in Florida and you did not create a prenuptial agreement before your marital union, you may find reason to create and sign a postnuptial agreement sometime during your marriage. Couples choose to do so for a myriad of reasons, and these legally binding agreements can accomplish any number of things based on a couple’s unique needs.
Often, per ABC News, postnuptial agreements dictate agreements between you and your spouse about finances. Maybe this is your second or third marriage, and you want to make sure that your belongings and assets go to your children, and not your spouse, in the event of your death. A postnuptial agreement may, too, make stipulations as to how property acquired during your marriage gets divided when compared with property each of you had prior to marrying one another.
A postnuptial agreement can also cover matters unrelated to finances. For example, maybe you agreed to stay home and raise children so that your spouse can continue school or work, but you did so at the expense of your own career development and personal finances. A postnuptial agreement can set guidelines as to what you are entitled to, should your marriage fail due to infidelity or other reasons. It can contain wording about how both parties agree to work on the marriage, should such a situation arise. It can also dictate specific information about which partner is responsible for which types of responsibilities, should you and your spouse want to put it in writing.
While this information about what postnuptial agreements can do seeks to inform you, it is not an exhaustive list of what they can accomplish, nor is it a replacement for legal advice.