Prenuptial and postnuptial agreements generally address one’s financial arrangements, division of assets, custody, child support, spousal support, and any other issues that are deemed to be important between spouses.
Prenuptials define the terms of separation or divorce so that both parties have a clear understanding of their rights and obligations in the event of a divorce. It is important to protect your rights and have an open and honest conversation about the financial obligations you will make before marriage.
Postnuptials are agreements made during marriage. There is no time limitation for creating a postnuptial agreement. You can even enter into a postnuptial agreement before you inherit money. A postnuptial agreement may define financial support, including spousal support or child support and make determinations for child custody or parenting time arrangements.