What is a post-marital agreement?

A post-marital agreement is a legal contract between two people who are married. It is used to settle certain issues between the couple that would normally be handled during the divorce process. This type of agreement is especially helpful in North Carolina, where couples can choose between two different types of marriages, both of which have different ramifications during the divorce process. A post-marital agreement can be used to handle various issues, including how to divide assets and debts in the event of a divorce, how either spouse will receive alimony or support payments, and how to divide property should the couple separate. Having a post-marital agreement can give couples control over their finances and how their property will be divided, should they ever divorce. Post-marital agreements are legally binding documents that must be concluded in writing and in accordance with North Carolina law. Signing the agreement must be voluntary and any duress or fraud invalidates the agreement. A post-marital agreement is a great way to ensure that assets are divided in an equitable manner and that both parties are taken care of should their marriage end.

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