Commonly abbreviated as prenup or prenupt, a prenuptial agreement is a thoroughly defined contract that determines precisely what each spouses’ rights, responsibilities, and provisions are. This includes, but is not limited to: division of property, existing investments, assets, and spousal support.
On the other hand, Postnuptial agreements are the same type of contracts that define the same type of particulars as a Prenuptial Agreement, but they are created after a marriage has been finalized.
Both of these options allow for peace of mind to both spouses and their families in the event of a dissolution of marriage.
A Unique Situation in Florida
Cohabitation is defined as two people living together who identify as a couple. While not strictly enforced, Florida remains as only one of three states that have cohabitation laws. If two people who are in an intimate relationship choose to live together and are not married, cohabitation agreements work similarly to a prenuptial agreement that allow for peace of mind between two individuals in regards to division of property and financial support.
If you have any questions related to family law or require legal assistance in other areas of Family Law, you may always contact Damien McKinney of The McKinney Law Group to discuss your case further. He can be reached by phone at 813-428-3400 or by e-mail at email@example.com.