Prenuptial Agreements in NC
A prenuptial agreement is a contract between two people about to wed that spells out what will be classified as marital property, how those assets and debts will be distributed in the event of divorce or death, and typically whether or not post-separation support or alimony will be paid by either party.
Reasons for having a Prenuptial Agreement
You should consider having a prenuptial agreement if you fall into any of the following categories:
You may be receiving an inheritance;
You have children and/or grandchildren from a previous marriage;
One of you is much wealthier than the other;
You have loved ones who need to be taken care of, such as elderly parents;
You have or are pursuing a degree or license in a potentially lucrative profession such as medicine;
You could see a big increase in income because your business is booming;
You have assets such as a home, stock or retirement funds you want to protect.
A postnuptial agreement is a contract between two married people spells out how assets and debts will be distributed in the event of divorce or death.
Postnuptial Agreements NC
If you are concerned about how your assets will be split up in the event of a divorce and you are already married, you can sign something called a postnuptial agreement that defines what will happen to assets and debts in the event of divorce or death.
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