The Gray Divorce Podcast: Episode 37 All About Pre-Nups and Post-Nups with Attorney Molly Rosenblum
In Episode 37 of The Gray Divorce Podcast, Andrew chats with attorney Molly Rosenblum. They discuss the topic of prenuptial and postnuptial agreements. What are they and why should a couple have a pre-nup before marriage or get a post-nup after marriage?
We’ve all heard the idea that prenups aren't exactly romantic. But to suggest that prenups can cause problems or even lead to divorce is akin to suggesting that buying insurance causes the house to burn down. Andrew and Molly discuss the idea that such agreements might actually help prevent divorce by introducing financial clarity into the marriage.
Pre-nuptial Agreements
Key benefits:
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Protect assets you’ve built up.
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Certainty/Clarity
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Preserve Family Harmony
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Prevent Costly legal fees and litigation.
Andrew and Molly discuss the prenup as a financial planning tool.
Some of the best candidates for prenups are people who've already been through a divorce and don't want to run the risk of going through the financial and emotional stress again. Also, people with significant assets pre-marriage are good candidates for prenups.
Andrew and Molly also discuss:
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What can and can’t go into a pre-nup?
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When might they run the risk of being voided or put aside?
Post-nuptial Agreements
Like a prenup but established after marriage, potentially in anticipation of a future split. Post-nups can cover a wide range of issues, from property division and spousal support to debt allocation and inheritance rights.
Resources
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