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What Should You Know About Utah Postnuptial Agreements?

What is a Postnuptial Agreement in Utah? 💑 A postnuptial agreement, often called a "post-nup," is a written contract created after a couple gets married. It's a legal way for spouses to define their rights and responsibilities during the marriage and, most importantly, in the event of a divorce or separation in Utah. Think of it as a prenuptial agreement, but signed after the wedding bells have rung. Utah law recognizes postnuptial agreements, but they must meet certain requirements to be valid and enforceable. Why Consider a Postnuptial Agreement in Utah? There are various situations where a Utah couple might find a postnuptial agreement beneficial: 💼 Business Ownership: If one spouse starts or acquires a business during the marriage, a post-nup can protect the business's assets from being divided in a divorce. It can clearly define the business as separate property. 💰 Inheritance or Gift: If one spouse receives a significant inher...