Understanding Postnup Agreements & their Benefits

45:23
 
Share
 

Manage episode 264021346 series 1508100
By Stacy Francis. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Linda Rosenthal is a matrimonial lawyer and partner at McLaughlin & Stern. She joins Stacy Francis to chat about prenups and postnuptial (postnups) agreements, and how the latter may prove beneficial.

Here are a few highlights from their conversation:

  1. A prenup is a contract agreed upon by the involved parties before a marriage, in the event of separation, divorce, or death; a postnup is a contract agreed upon during a marriage.
  2. Postnups provide the advantage of making decisions during your marriage with more information about specific life events.
  3. You should discuss postnup agreements with your spouse before you make a big economic decision (like reducing your income, for example), in reliance on your spouse’s income.
  4. Linda believes that a marriage is an economic partnership and both parties should be aware of the rules that apply with regards to the law, so doing a prenup – or at least learning about the economic rules of marriage - should be mandatory before marriage.

Resources

Reach out to receive a complimentary consultation.

FrancisFinancial.com

Stacy Francis: Stacy@francisfinancial.com

Phone: 212-374-9008

Linda Rosenthal on LinkedIn

Email: lrosenthal@mclaughlinstern.com

Call or text Linda at:

212-455-0358

McLaughlinStern.com

113 episodes