Postnuptial Agreement Lawyer in Johnstown, PA

Postnuptial agreements are generally created in response to a change in circumstances that supports greater financial protection and planning through contractual guidelines. Implementing a postnuptial agreement does not indicate that you have no faith in your marriage. Instead, it’s a way to feel confident that you will be protected should something happen, so you can focus on your current marriage instead of future concerns.

Our experienced Johnstown family law lawyers at Silverman Tokarsky & Forman, L.L.C., are standing by to help.

The Difference Between Prenups and Postnups Is in the Timing

Prenuptial agreements are created prior to marriage, and they don’t go into effect until the couple marries. If the couple doesn’t go through with the marriage, their prenuptial agreement will never go into effect. Postnuptial agreements, on the other hand, are written during the marriage, and they become legally binding once they are signed by both spouses.

The Legal Requirements in PA

The legal requirements for making either a prenup or a postnup legally binding are the same. These include that it is in writing, is signed by both spouses, and was entered into voluntarily, or without coercion and pressure. Finally, the terms can’t be what the court considers unconscionable, which means seriously one-sided or unfair.

The Factors that Tend to Motivate Postnuptial Agreements

Just as every postnuptial agreement is specific to the unique couple who creates it, the motivations behind these legal contracts are also unique. Many, however, include reasons like the following:

• The couple failed to create a prenuptial agreement prior to marriage and is interested in the kind of asset protection they provide.
• One spouse has experienced a substantial increase in wealth, such as from an inheritance, which establishes the need to address the matter of separate property.
• One spouse has accrued considerable debt, and the couple turns to a postnup to help protect the other from financial responsibility.
• Either spouse or both spouses want to protect the inheritance rights of any children from prior marriages, which requires separating these inheritances from the marital estate.
• The couple has endured infidelity or any other major hiccup in their marriage and turns to a postnup to set financial consequences for any further disruptions.
• If either spouse starts a business during the marriage, a postnuptial agreement can help protect the company’s profitability and continuity in the event of a divorce.
• One spouse decides to forgo a career to manage the household and relies on the other’s income, so they contract for financial support in the event of divorce.

Our Experienced Johnstown Postnuptial Agreement Attorneys Are on Your Side

A legally binding postnuptial agreement can help you protect your financial rights while answering any lingering financial questions you may have regarding your marriage. Taking this step can fortify your bond with your spouse and provide you with the peace of mind you’re looking for. Our knowledgeable Johnstown postnuptial agreement lawyers at Silverman Tokarsky & Forman, L.L.C., dedicate our impressive practice to helping clients like you create postnuptial agreements that fairly address their related financial concerns.

We’re here for you, too, so please don’t wait to reach out by contacting us online or giving our firm a call at 814-536-8600 today.