A prenup is established before marriage, while a postnup is created after marriage. Both serve the purpose of outlining financial terms in case the marriage ends, but they are timed differently in relation to the marital union.
Financial disclosure in a prenuptial agreement is a fundamental aspect that promotes transparency, fairness, and the overall validity of the agreement. In many jurisdictions, a prenuptial agreement must meet certain legal requirements to be enforceable. Full financial disclosure is often one of these requirements. If a court finds that there was inadequate disclosure, it may invalidate the agreement.
The cost can vary widely depending on different factors, including the complexity of the agreement, the geographic location, etc. With an attorney, it usually starts with $3,000, but can go up to $15,000 or more. Anew is just a fraction of that, starting at $599.
As long as both parties provide full and fair financial disclosure and there’s no coercion, duress or undue influence, prenups/postnups are enforceable. Additionally, the terms of the agreement should be fair and reasonable at the time of execution and there’s no violation of public policy.
Most states do not require either party to be represented by an attorney in order to enter into a prenup/postnup agreement. If you want your own attorney, you can hire one through Anew’s vetted expert network.