A standard recital on the wedding requests partners to be loyal and faithful till death does you part. Many times this verbal agreement is broken and the divorce occurs. In divorce, the finances are discussed and shared in accordance with the laws of the country or in accordance with any written pre or postnuptial agreement made between the two parties.
So it is said that it is better to make pre or post nuptial agreement. You can browse via atlaslawsolicitors.com/family-law-solicitors-uk/post-nuptial-agreements to understand the postnuptial agreements.
What Pre and postnuptial Agreement?
A prenuptial agreement is a written agreement entered into between two persons in the event of divorce. This contract was signed during the period of engagement and discusses how assets and other financial matters will be divided if the marriage should end. A postnuptial agreement to work in the same way, but be prepared after the wedding has taken place.
Many people who have been married chosen to sign a pre- or postnuptial agreement because they have an asset of the past or have a future of their children to think about. In addition to the distribution of wages and income, spousal support and property can also be discussed.
Prenuptial is intended to determine matters of child custody or visitation, especially for children who were not even born, unlikely to be enforced by the Court, so you cannot put everything prenuptial agreement.