Jeffrey A. Vogelman and Associates Family Law, Bankruptcy, Landlord Tenant Law, Personal Injury
Call Today : 703-650-0367

Stay-at-home parents should consider postnuptial agreements

For many Virginia residents, the benefits of signing a prenuptial agreement are obvious. Protecting a couple's future interests in regards to property division, and parenting arrangements is something that is a no-brainer for some. However, many still hold the belief that prenuptial agreements conflict with their ideas of marriage and commitment. So they opt out of signing a prenuptial agreement -- which is okay for some people, but it becomes a little tricky when one of the parents decides to become a full-time caretaker. In these situations, a postnuptial agreement can oftentimes be helpful.

Many Virginia residents may not be aware of postnuptial agreements, but they can be very helpful for a variety of reasons. One case in which a postnuptial agreement is almost always helpful is when a spouse decides to quit his or her job to become a full-time parent. This often happens during the years when the spouse is entering his or her peak-earning years.

What this means is that the spouse is giving up lots of potential income to focus on raising the children -- which is admirable, but it also makes the spouse dependent on the other spouse. Should anything unfortunate occur -- like a divorce -- then the spouse who left a career to become a full-time parent is left in an undesirable position. They have given up their peak-earning years and may find it difficult to get back into the workforce.

Nonetheless, by signing a postnuptial agreement, spouses can find an arrangement that is not so devastating for the stay-at-home parent, should the couple decide to divorce. It is sometimes helpful to think of a postnuptial agreement as a work document -- the spouse is agreeing to take on the full-time job of being a stay-at-home parent and should thus be compensated if a divorce happens. Seeking legal help in drafting a postnup can potentially help couples come to an agreement that is equitable and mutually satisfactory.

Source: Forbes, "Why You Need A Postnup And Other Points To Consider Before Leaving Your Paid Job To Be A Stay-At-Home Mom," Jeff Landers, Jan. 22, 2014

No Comments

Leave a comment
Comment Information
Email Us For A Response

Tell Us About Your Case

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact Information

Jeffrey A. Vogelman and Associates
124 South Royal Street
Alexandria, VA 22314

Phone: 703-650-0367
Fax: 703-836-3549
Alexandria Law Office Map

Toll Free: 703-650-0367 | Fax: 703-836-3549

Back To Top