When Floridian couples tie the knot, you expect to be in it for the long haul. However, things change, and you may now be considering the idea of getting a divorce. You may not have gotten prenuptial agreement before you were married, but what about a postnuptial agreement?
According to Investopedia, postnuptial agreements aren’t only for couples who are considering getting a divorce. However, they can be used as a tool if divorce is a possible option. A postnuptial agreement is simply an agreement made after you’ve gotten married. In this agreement, you and your spouse can divide your responsibilities, obligations, and of course, financial assets. This way, you will have a plan already worked out if you do decide to get a divorce.
Many people will go for a postnuptial agreement if they feel a divorce is in the cards. This way, messily dividing property or responsibilities in the heat of the moment can be avoided. Others use these agreements as a bartering piece or “last resort” in a situation where a damaged relationship is being repaired. In those cases, you have something to fall back on if your attempts to straighten the relationship out don’t work. It’s also a way for partners to show each other that they are truly dedicated to making the changes that they have discussed.
There is no right or wrong time in a relationship for a postnuptial agreement. It all depends on how you feel and what you think a postnuptial agreement can bring to your table.