You probably already know what a prenuptial agreement is, but did you know that you can create a similar document after you have already tied the knot? A postnuptial agreement addresses many of the same topics as a prenuptial agreement and can provide similar protections during divorce. Like its premarital counterpart, a postnup is not necessarily an indicator of an inevitable divorce or separation.
While prenuptial agreements were relatively uncommon as little as 20 years ago, they have turned into a common practice for present-day couples before entering into marriage. Gaining popularity as another way to manage control over personal assets and debt, postnuptial agreements are becoming more widespread as well.