Marriage is an agreement with which two people tie themselves into an eternal knot of togetherness. But, at times there are situations when you can’t continue life with the one you started it, and you have to untie the knot and part ways. There are certain complications which arise in the divorce processing if you haven’t undertaken necessary agreements, both before and during the married life.
There are many agreements which you can determine with your fiancé before marriage. These are called prenuptial agreements. However, if you haven’t processed any prenuptial agreements then there are postnuptial agreements as well, allowing you to sort things out during your marriage period.
These agreements help you devise a strategy for the distribution of property in case of a divorce. We do hope and pray that you live together for as long as your lives are, but this doesn’t mean that you shouldn’t be prepared for unwanted circumstances.
Postnuptial Agreements help you determine how your property will be divided in an event of divorce. The agreement clearly defines the property of the wife and husband. Moreover, it also discusses the community property which is mutually owned by both of them.
Talking more of the community property, it includes the things which are bought mutually by husband and wife. Since you can open up joint accounts, get joint mortgage loans, and buy property mutually, therefore you both are responsible for these things after the divorce as well. For instance, if you have bought a house together during your marriage, then you both will get a share in it. Similarly, if you have attained a mutual loan then both of you will need to make up for its payments, after your divorce.
The postnuptial agreement helps you determine the ratios which you will get in the community property or which you will pay in the case of a loan. If you haven’t processed this agreement then you might get less share in the property than what you actually deserve. With this agreement you can keep yourself out of the problems and avoiding issues in the property settlement, a long time before your divorce.
The property bought before or after the marriage are separate from the community properties and you don’t need to share them with your divorced partner. We can say that postnuptial agreement is a good tool with which you can make contracts about your property if you haven’t undertaken prenuptial agreements.
It is better to seek the services of a professional divorce attorney Sherman oaks. By this, you can free yourself of the tensions which might follow after your divorce. You will not find any divorce attorney in the LA County as competent as Emily Robinson. With her vast experience and top quality practice, she can help you design both pre and postnuptial agreements which are in your favor. Get help from the best attorney in the LA by calling at 805 497 7474 or by logging on to our website www.westlakedivorceattorney.com.