What is a postnuptial agreement?
A postnuptial agreement is a legal document that is created and agreed to by a married couple after they are married. This document outlines the terms of how the couple will divide assets or debts should the marriage come to an end, either through death or divorce. It can be used to protect the financial interests of both spouses in the event of the end of the marriage. In South Carolina, a postnuptial agreement is formally referred to as an antenuptial or premarital agreement. This document is seen as an amendment to a prenuptial agreement and can be used to replace or amend certain terms of it if the couple’s financial situations have changed since the signing of the prenuptial agreement. A postnuptial agreement needs to be drafted and signed by both spouses and should be witnessed and notarized by the same people who signed it. Any promise made in the agreement must be fair to both parties and not involve certain issues such as child support. If either spouse fails to abide by the agreement’s terms, a court can invalidate it. It is important to consult an experienced family law attorney before signing a postnuptial agreement in South Carolina. This type of agreement is legally binding, so it is important to make sure that you and your spouse are fully informed and understand the implications of the document.
Related FAQs
What is a no-fault divorce?What happens if either party fails to comply with a child custody or child support order?
What is the legal definition of marriage?
What is a default divorce?
What is the process for filing a divorce?
What is a marital settlement agreement?
What is a parenting plan?
What is a parenting plan evaluation?
What are the steps in the divorce process?
What is an interstate custody dispute?
Related Blog Posts
Understanding the Basics of Family Law – What You Need to Know - July 31, 2023What You Need to Know About Child Custody Arrangements - August 7, 2023
An Overview of the Different Types of Child Support Options - August 14, 2023
Navigating Property Division in Divorce Cases - August 21, 2023
Exploring Your Rights as a Grandparent in Family Law - August 28, 2023