Columbus Postnuptial Agreement Attorneys
Postnuptial agreements are contracts made between spouses after they are married. They can address changing financial circumstances, including assets, debts, business interests, inheritance, retirement benefits, estate planning concerns, or the terms of an existing premarital agreement. At Boller & Petty, LLC, we help clients understand how a postnuptial agreement may address their family law needs and create an agreement tailored to their circumstances.
Call (614) 756-2827 or contact us online to schedule a consultation and discuss whether a postnuptial agreement fits your goals.
Postnuptial Agreements Can Clarify Financial Rights After Marriage
Postnuptial agreements can address a wide range of issues, but one common use is clarifying financial responsibilities between spouses. For example, an agreement may clarify responsibility for debts, the treatment of certain assets, or how property may be handled if the parties divorce.
These agreements can also address estate planning concerns. A postnuptial agreement may identify how spouses intend to handle certain assets if one spouse dies, and it may be considered alongside life insurance, beneficiary designations, and other estate-planning documents. It doesn’t automatically replace those separate documents.
There are several benefits to creating a postnuptial agreement, including:
- Clarifying the treatment of assets and debts
- Addressing business interests
- Identifying inheritance-related concerns
- Discussing retirement benefits
- Coordinating with an estate plan
- Reviewing the effect of a premarital agreement
A postnuptial agreement doesn’t control child custody or child support decisions, which remain subject to Ohio law and applicable court review. Our Columbus postnuptial agreement attorneys can help you evaluate whether an agreement is appropriate for your circumstances and discuss terms that reflect your goals.
Ohio Requirements for an Enforceable Postnuptial Agreement
Ohio’s postnuptial agreement framework under Ohio Revised Code Sections 3103.06 and 3103.061 took effect March 23, 2023. The agreement must be in writing, signed by both spouses, and entered into voluntarily without fraud, duress, coercion, or overreaching.
Both spouses must also have full disclosure, or full knowledge and understanding, of the nature, value, and extent of the property of both spouses. The agreement can’t promote or encourage divorce or profiteering by divorce. Although notarization and separate attorneys aren’t express statutory requirements, independent legal advice may help each spouse understand the proposed terms and address potential conflicts of interest before signing.
Our postnuptial agreement attorneys can explain the legal requirements that affect the creation, review, and modification of an agreement. If you have an existing postnuptial agreement and need to have it reviewed or modified, we can also help you evaluate your options.