Lenexa Prenuptial and Postnuptial Agreements

Lenexa Prenuptial and Postnuptial Agreements

These days, it’s a common practice for engaged and married couples to enter into prenuptial or postnuptial agreements, respectively. These binding contracts are drafted to be straightforward and easy for everyone to understand. They are especially common when one or both of the parties have sizable assets or substantial property that was acquired before they became a couple. Though prenuptial agreements and postnuptial agreements are similar, they’re not interchangeable.

Prenuptial Agreements

Prenuptial agreements, or “prenups,” have become commonplace for couples when they’re considering entering into marriage. The contract acts as a guide to how the property and assets would be divided if a divorce takes place. Without a prenup, property and assets are often divided 50/50. This can be troubling when one partner comes into the marriage with substantially more assets than the other. However, when a marriage ends and a prenup was created, the prenup can easily dictate the division of assets. Many people have found that their prenup saves them substantial money and unnecessary worry during their divorce.

Postnuptial Agreements

Much like a prenuptial agreement, postnuptial agreements are made for the protection of individually-owned property or assets. These differ from prenuptial contracts in that postnuptial agreements are made after a couple is already married. Whether substantial assets or property are new acquisitions or previously owned, postnuptial agreements are a proactive way to keep wealth and assets clearly assigned for the duration of the marriage.

It is a fallacy to believe that a prenuptial or postnuptial agreement means that you are doomed for divorce/separation. Instead, these legal agreements can alleviate worry and stress since they assign responsibility and protect assets. Please reach out to us to help you achieve peace of mind and utilize prenuptial or postnuptial services in Lenexa.

Would you like to learn more about our Lenexa law offices or the services we provide? Contact Boothe Walsh Law & Mediation to schedule a consultation.