Post-nups growing in popularity, say lawyers who share insight into the agreements - News Summed Up

Post-nups growing in popularity, say lawyers who share insight into the agreements


The couple say they didn’t bother with a fancy ceremony or a pre-nuptial agreement to protect their millions. Kohorst and other experts say the key to safeguarding assets when you didn’t sign a pre-nup lies in a little-known agreement that is growing in popularity: a post-up. Kohorst also said most clients don’t realize post-nups aren’t boilerplate documents that can be drawn up in a few days on the cheap. “There is a difference between marrying somebody you think is worth $1 million, when they are really worth $50 million,” she said. However, most people will spend a few thousand dollars for agreements that take three to four months to draw up.


Source: thestar January 10, 2019 15:00 UTC



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