What is a postnuptial agreement?

A postnuptial agreement is a contract that is signed between a married couple, usually after they are already married. This agreement typically addresses the issue of division of assets and liabilities, as well as any other issues that could arise in the event of a divorce. In West Virginia, postnuptial agreements can be used to alter the legal consequences of a divorce or to help the couple reach an agreement on how to handle their finances in the event of a divorce. The agreement can be tailored to the needs of the couple and can be as specific as the couple decides to make it. This agreement must be fair to both parties and must be signed by both parties in order for it to be legally binding. It is important to note that if a couple decides to enter into a postnuptial agreement, it does not guarantee that a divorce will be avoided. The agreement simply outlines what assets and debts would be divided in the case of a divorce. It is also important to note that postnuptial agreements can be challenged in court and are subject to judicial review. It is important to consult an attorney when making any agreements concerning property and other assets to ensure that the agreement is fair and legally binding.

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What is a postnuptial agreement?

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