Many people think of prenuptial agreements as unromantic or perhaps even dooming to a marriage. After the honeymoon period has passed and you gain a more realistic perspective, you may reconsider and wonder about the specifics of a postnuptial agreement. This is a particularly wise decision for stay-at-home moms (and dads). Here are a few reasons why.
You need protection from career atrophy
One of the issues that most commonly affect parents who stay at home is eventual career atrophy. The longer you stay out of the workforce to raise your child, the more difficult it will likely be to find a job later. Many moms stay at home for years longer than they had planned to. A postnuptial agreement can help protect you from the negative impact this will have on your career.
Staying at home changes family finances
Going from having two earners in the family to having only one is often a stressful transition. Even if you have planned for this change, it can have an unexpected impact on your finances, and this can cause discord in your marriage. A postnuptial agreement is a great way to solidify your own financial security and ensure that you are not left vulnerable because of your decision to raise children.
You should prepare for the unexpected
At the end of the day, nobody wants to imagine going through a divorce. Divorce is a common occurrence, though, and one that every couple should accept the possibility of. A postnuptial agreement is ideal for protecting both spouses and providing much-needed security to a parent who decides to stay at home.
If you are interested in drafting a postnuptial agreement, you should consult with a legal professional. Call an attorney for more information on this or any other family law issues you may have.