postnuptial agreement
- A contract set up by a married couple which determines how their shared assets will be divided, usually in preparation for a possible separation or divorce
- The spouses decided to enter a postnuptial agreement after realizing their perspectives about shared property were conflicting.
- To avoid potential disputes, they hired a lawyer to create a fair postnuptial agreement.
- In anticipation of possible future issues, they agreed upon a postnuptial agreement regarding the division of their assets.
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