Understanding Postnuptial Agreements
Post-nuptial agreements are contracts entered into after marriage by couples to create a clear understanding of the management and control of their finances and assets to create a happier marriage. Spouses cannot, however, create a post-nuptial agreement as part of divorce planning or in the anticipation of divorce. Post-nuptial agreements are meant to take effect in the event the couple divorce.
In order to enforce a post-nuptial agreement in Massachusetts, the court will consider several factors. Based on the Massachusetts case Ansin vs. Craven-Ansinthe court will consider the enforcement of a post-nuptial agreement only if certain requirements are met. These requirements include whether the postnuptial agreement was fair and reasonable at the time of execution; and whether the postnuptial agreement was fair and reasonable at the time of divorce.
In determining whether or not the agreement was fair and reasonable at the time it was signedor executed, the court may consider the difference in the outcome under the agreement and existing legal principles. In doing so, the court may consider the following:
In determining whether or not the agreement was fair and reasonable at the time of enforcement or divorce, the court may consider the difference in the outcome under the agreement and existing legal principles. In doing so, the court may consider the following:
It is important to know that Massachusetts is an equitable, not an equal state when it comes to property division. If you are contemplating entering into a post-nuptial agreement it is critical that you have the assistance of an experienced Divorce Attorney. For exceptional assistance, contact the knowledgeable and experienced attorneys at Karpenski & Schmelkin, Divorce and Family Law Attorneys.