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Postnuptial agreement offers protection for the future

On Behalf of | Jun 1, 2020 | Divorce |

Over time, career goals and family priorities can change. At the beginning of the marriage, a Missouri couple may have had their lives planned out; they knew what they wanted career wise and how they pictured their family changing in the coming years. Or, did they? It is possible that at some point something will change that may indicate the need for a postnuptial agreement to aid in reestablishing priorities and making sure that both spouses are protected in the future.

For example, at the beginning of the marriage, both individuals may have been career driven. Each worked hard to establish his or her career and gain valuable experience. Then, a couple may decide that along with starting a family, they want either the husband or wife to step away from a career in order to focus on their developing family.

In many cases, this can be a great idea for the family. However, there may be some hesitation on the part of the individual stepping away. After spending considerable time and effort establishing a career, the individual may feel that it will be challenging to reenter the workforce if it becomes necessary due to divorce or some other predetermined scenario. One way to alleviate some of this hesitation is through the establishment of a postnuptial agreement.

A postnuptial agreement is a document created after the marriage. It can be used to address a situation such as leaving the workforce to care for the family, the establishment of a business venture or any other event that may be cause for concern. Experienced legal counsel can discuss the benefits of such an agreement in Missouri with an individual and assist in determining if this is the appropriate course of action.

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St. Louis County Bar Association
Illinois State Bar Association
LEX | The Missouri Bar