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Most of us have heard of a prenuptial agreement, or prenup, but fewer people are familiar with postnuptial agreements.
Like a prenuptial agreement, a postnuptial agreement is a written agreement meant to settle a couple’s assets in the event of a divorce. But unlike a prenuptial agreement, postnuptial agreements are executed after a couple is already married. Postnuptial agreements can outline wishes regarding spousal support, child support, division of assets and debts, and more.