Which is better – a Prenup or a Postnup?

What’s a better option – a prenuptial agreement or a postnuptial agreement?  The answer is a Prenuptial Agreement is by far, still better than a postnuptial agreement. Until recently, the question of whether a postnup is even valid in Massachusetts was a question that hadn’t been answered by the courts or the legislature.  However, in…

I Love You, You’re Perfect, Now Sign Here

I had the pleasure of commenting on a article in The Wall Street Journal this past week on baby boomers and their use of prenups. [B]oomers have become more anxious to hold on to whatever they have left, says Gabriel Cheong, a divorce attorney with Infinity Law Group LLC in Quincy, Mass. Today, the majority…

How to tell if your prenuptial agreement is valid

In order for a prenuptial agreement, drafted in Boston or other parts of Massachusetts, to be valid, it must meet the following: The future husband and wife must have had separate attorneys to represent them The parties must have made a full disclosure of their assets, debts and income The Agreement must contain a discussion…

Financial Questions to ask before Marriage

I wrote in the past about money and marriage where I cited a New York Times article.  Recently for Valentine’s Day, the Wall Street Journal ran an article to discuss the financial questions to ask after saying “I will” and before saying “I do”. The article recommends that couples learn about each other’s (1) assets…

How do I ask my fiance to sign a prenup?

It’s unromantic.  It’s uncomfortable.  It’s awkward.  Those are just some of the thoughts that come to mind now that you’re thinking about asking your fiance to sign a prenuptial agreement right?  Well, it doesn’t have to be like that. As with most things in life, it’s all a state of mind.  You can either see…

Is a postnuptial agreement as good as a prenuptial agreement?

A prenuptial agreement or prenup is a contract entered into by 2 people in anticipation of marriage and before marriage.  A postnuptial agreement is an agreement or contract entered into by people who are already married. Many courts around the country have ruled that a contract entered into after marriage is not as strong as…

Is a prenuptial agreement “ironclad?”

In short, no.  No prenuptial agreement or any contract for that matter is ironclad.  Ironclad is a word that people throw around in movies or in television because it adds drama and comes off very well on screen.  In real life, there aren’t many things that are certain or guaranteed.  In these United States of…

How much money should each contribute to a marriage?

Part of planning a prenuptial agreement is deciding, if not in writing at least orally, how expenses and bills should be paid.  There are many variations which I will list and then I will list the one I favor the most and why I think it helps to foster a healthy marriage. One spouse pays…

Rich Relatives and Prenuptial Agreements

You’re in your twenties or early thirties and you’re about to get married.  The thought of getting a prenuptial agreement crosses your mind because you’ve heard that everyone who gets married should have a prenup.  However, you quickly dismiss it because neither you or your fiance have much money to speak of.  So what’s the…