Prenuptial Agreements, also known as “premarital” or “antenuptial” agreements, are legally binding contracts executed by prospective spouses that establish what happens to their income, assets, and debts if the marriage ends in divorce, separation or death.
Postnuptial Agreements are very similar to the “prenuptial” variety described above, but are entered into by the parties after the marriage ceremony. In fact, a postnuptial agreement can be put in place at any time following the wedding date.
A pre- or post-nuptial agreement can be critical for happily married couples who wish to protect their assets, provide for children from previous marriages, etc. The Court greatly scrutinizes these agreements and requires full disclosure of all assets, adequate time to review the agreement and the voluntary signing of the agreement.