Prenup vs. Postnup: How Are They Different?
Prenuptial and postnuptial agreements are legal contracts designed to outline the handling of marital assets in cases of divorce or death. Both agreements cover similar topics, such as the division of financial assets, alimony provisions and, in some cases, retirement benefits such as pensions. The key distinction between the two is timing: a prenuptial agreement, or “prenup,” is signed before marriage, while a postnuptial agreement, or “postnup,” is signed after. When considering a prenup vs. postnup, each type has unique pros and cons, along with some other additional differences that couples will want to take into account.
Worried about or experiencing unexpected changes after saying ‘I do’? A postnup could just be the plot twist you need, especially in these situations:
With proper legal and financial guidance, a postnup can be a valuable tool for couples who want to clarify financial matters, protect personal assets, or preserve family wealth. While it can also have risks like potential conflict or legal challenges, having open communication and mutual agreement is key. The bottom line…sometimes, love and a postnup are the perfect match!
With divorced parents herself, a woman watching her husband’s retired parents go through a divorce wondered whether she and her partner would rather do this practical thing while they love and care for each other very much. While she hoped they would never have to use it, she decided to move forward to minimize pain for their “future selves” if the unthinkable ever happened. What’s your postnup story?
We founded Split Happens with the idea of bringing together a community of those going through a divorce or relationship breakup. Our vision is to help our members create a whole and fulfilled life, on their own terms. Our team and community will support every step of your breakup journey!