A postnuptial agreement allows a married couple to protect themselves and their assets in the case of a future divorce.
Arthur D. Ettinger, partner and chair of Greenspoon Marder's New York Matrimonial and Family Law division, said postnuptial agreements are growing more popular.
Both documents have similar objectives. A postnuptial agreement can be harsher and more practical than a prenup, says Washington, D.C. attorney Jo
el W. Anders.
Peter Mott, partner at Twomey, Latham, Shea, Kelley, Dubin & Quartararo in New York, says a postnuptial arrangement varies legally from a prenupti
"The consideration of the prenuptial agreement is the impending marriage. If you never get married, the prenuptial agreement is meaningless," Mott says.
Postnuptial agreements are useful. Marriage problems are a common reason to acquire a postnuptial agreement.
The agreement usually covers each spouse's assets, alimony and maintenance expectations, and legal fees and child support.
Prospective clients should give their attorney a list of their assets and discuss aims and concerns.