Friday, February 6, 2009

Post Nuptial Agreements

San Diego Family Law AttorneyI recently read an article on Yahoo Finance on postnuptial agreements. As unromantic as it may sound, it is a fact that a majority of marriages end in divorces, and a lot of the post breakup mess can be avoided through professional pre and postnuptial agreements. Surprisingly, when I discussed this issue with my San Diego Family Law Attorney, I understood that postnuptial agreements are the ones which are rising in popularity.

It did seem counterintuitive to me, so I went and read the article again. It seems that in the poll of members of American Academy of Matrimonial Lawyers (AAML), post nuptial agreements are rising. I know of a San Diego divorce lawyer who suggests that any dramatic change in status (be it sudden wealth like inheritance) warrants a postnuptial agreement. So do I see a rush for drawing up, especially in big cities like Los Angeles and San Diego post nuptial agreement?
But does a written document increase or reduce the stress of married life? You will get your answer based on who you ask.

As per AAML President Gaetano Ferro (Guy), “Post nuptial agreements, where valid, can be a good tool for addressing and solving problems spouses might be experiencing in their marriage, and having a written document with expectations and obligations clearly set forth reduces the areas of disagreement for spouses and can remove a good amount of stress from everyday married life.”

Among the strangest items included in some postnuptial agreements, AAML members have noted: limits of the future number of children, provisions for pet visitation and care, and the dividing up of cemetery plots in the event of divorce.

Do you agree with this? Do let me know your views.
Source: "America's Top Divorce Lawyers Cite Postnuptial Agreements as Growing Trend" at Yahoo! Finance.

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