Tuesday, June 19, 2007

Who else cares about your marriage?

Besides the in-laws and your closest friends? How about the boss?

Postnuptial agreements are gaining popularity as an estate-planning tool, and some hedge funds and private-equity firms have asked their top executives to sign them to protect their companies in case of a messy divorce, according to attorneys and financial advisers.

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Postnup agreements are similar to prenuptial agreements, but they are crafted and signed after a couple is married. Attorneys say that the agreements actually can strengthen marriages, because the couple is able to resolve disputes about money and then focus on the marriage itself.

This from the Investment News article, Postnups becoming ‘new’ prenups. The article goes on to give a good overview of post-nuptial agreements which are also called antenuptial agreements.

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