Postnuptial agreements

A postnuptial agreement, also referred to as postmarital agreement or a postnup, is a contract between two people, written during their marriage, for specifying and protecting the assets of both parties in the event the marriage comes to an unnatural end. Postnups may be entered after a marital rift or after significant financial gain or loss, as long as the couple is still together. For the most part, the validity of a postnup is treated the same way as a prenup: It must be in writing, must not be coerced and must be fair to both parties. Ultimately, it is the state that decides what is valid in the postnup agreement, if circumstances call for it.