Clean up code in the Postnuptial Agreement

Aug 6th, 2022
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How to clean up code in the Postnuptial Agreement

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[Music] edith is with us in denver colorado hi edith welcome to the dave ramsey show hi dave im so happy to be able to talk with you you too whats up um um my husband and i have been together for about six years and uh we had a child about 19 months ago and i believe in in colorado they acknowledge common-law marriage despite us being married only two months officially married two months ago um after this time that he and i have been together hes asking me for a post nuptial because he says he wants to protect his assets from before our marriage um saying that he is 14 years older than me at 48 years old and me 34. he wants to protect his assets because hes closer to retirement um and i wanted to see what what you think about that considering he and i have been technically only married to two marines but i dont know its common-law marriage matters and also that um you know him well what hes what hes asking for that yeah so youre married for two months you have a baby you used

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Essentially, a postnup is a legal agreement where you can specify details about issues such as asset division, spousal support, and debt distribution in the event that a divorce should occur all before any legal proceedings occur. You can write a prenup yourself or with the help of a divorce attorney.
Any indication that one spouse coerced or threatened the other into signing will make a postnuptial agreement null and void.
What is the financial situation? How current and future debt will be handled throughout the marriage and in the case of a divorce. What type of investments should be made in the future. How investments will be split up if a divorce is pursued. Who will get the house in a separation.
One strategy that is sometimes used to dissuade further infidelity is to have the unfaithful spouse sign an infidelity post-nuptial agreement. This means the partner would consent to some specified financial payment (or another docHub item of value) to be paid if they cheat again.
However, there are some circumstances that could make a postnup more appealing. Think about a postnup if: You have docHubly more post-marital assets than your spouse. Your spouse has a lot of debt or is otherwise financially irresponsible.
A postnuptial agreement cannot provide enforceable terms for child support or custody. However, it can include provisions for alimony since that is considered separately from a spouses duties as a parent.
Postnuptial contracts are only enforceable if they are in writing and signed by both parties, with witnesses present.

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