Do You Have To Have A Postnuptial Agreement

Here you can describe the distribution of the total property acquired individually and collectively before and after the vow. This document may also contain details on the taking of debts and spouses` allowances or family allowances. (He may even talk about things like the division of labor at home.) Marriage contracts are quite common among the well-to-do, especially in «co-ownership» states, where matrimonial property is distributed centrally after the dissolution of a marriage. They are also used in situations where one party wants to protect a family business, avoid taking over the other party`s debt, or clarify financial responsibilities during the marriage. Another reason why a conjugal couple may enter into an additional contract is that they are considering divorce or separation without legal breakdown and want to streamline the process (while minimizing legal fees). .