Orange Park Postnuptial Agreement Lawyers
Serving Clients in Jacksonville, Fleming Island & St. Augustine
While many people have heard of a prenuptial agreement, many are unaware that a similar agreement can be made after a couple is married. These are known as a postnuptial agreement and can provide the same benefits and protections to a married couple as a prenuptial agreement. Postnuptial agreements can be an effective way to provide couples with more financial security.
At Owenby Law, P.A., our Orange Park postnuptial agreement lawyers can help you draft an effective and enforceable agreement. We understand the complexities and challenges associated with these types of agreements and can provide you with the sound legal counsel you need.
For an initial consultation with our team, call us at (904) 263-5759 or contact us online today.
What is a Postnuptial Agreement in Florida?
A postnuptial agreement is a legal contract that a couple enters into after they are married. This type of agreement allows a couple to establish their financial rights and obligations. They can also use the agreement to establish what would happen in the event of a divorce or death.
Some common reasons why couples choose to establish a postnuptial agreement include:
- One spouse is considering leaving their job to become a stay-at-home parent
- One spouse has a lot of debt and the other spouse wants to protect themselves from being responsible for it
- One spouse has a lot of assets and the other spouse wants to protect themselves from being responsible for it
- One spouse is starting a business and the other spouse wants to protect themselves from being responsible for it
- One spouse has an inheritance and the other spouse wants to protect themselves from being responsible for it
- One spouse has a child from a previous relationship and the other spouse wants to protect themselves from being responsible for that child
These are just a few reasons why a couple may choose to establish a postnuptial agreement. The agreement can be tailored to meet the couple’s specific needs and requirements.
How Do Postnuptial Agreements Work in Florida?
For a postnuptial agreement to be valid, it must meet certain requirements:
- The agreement must be in writing
- The agreement must be signed by both spouses
- The agreement must be voluntary
- The agreement must be entered into with full disclosure of each spouse’s assets and liabilities
- The agreement must be entered into with the understanding of each spouse’s rights and obligations
- The agreement must be fair and reasonable at the time of execution
If the agreement is not fair and reasonable at the time of execution, a court may choose to invalidate it. A court can also invalidate the agreement if it was entered into involuntarily, without full disclosure, or an understanding of each spouse’s rights and obligations.
Once the agreement is signed, it will go into effect. The agreement will remain in effect unless:
- Both spouses agree to revoke it
- Both spouses agree to modify it
- A court invalidates it because it was not entered into voluntarily, without full disclosure, or without an understanding of each spouse’s rights and obligations
Once the agreement is in effect, it can be used to guide the division of assets and debts in the event of a divorce. The agreement can also be used to waive alimony or establish the amount of alimony that should be paid. If one spouse dies, the agreement can also be used to guide the distribution of assets and debts.
Why Choose Our Orange Park Postnuptial Agreement Attorneys?
Our team can help you draft a postnuptial agreement that meets all of the requirements. We understand what is at stake and will work hard to protect your interests. We can also review any proposed agreement that your spouse has presented you with. We will ensure that your rights are protected and that your financial interests are secure.
When you choose to work with our firm, you can expect the following:
- Responsive communication
- Personalized attention
- Fluent in English and Spanish
- Compassionate counsel
- Aggressive representation
- Effective solutions
Our Orange Park postnuptial agreement attorneys understand the complexities and challenges associated with these types of agreements. We can provide you with the sound legal counsel you need to make informed decisions about your future.
Contact us today at (904) 263-5759 to request an initial consultation.
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