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While it is entirely possible to construct your own postnuptial agreement, it is not typically recommended. There are pros and cons to writing your own postnup and why you might benefit from an attorney's input.
Postnuptial agreements are invalid if it is determined that one of the parties exercised fraud, duress, or undue influence over the other. Fraud generally exists when one party deceived or concealed an important fact that would impact whether or not the other party executed the agreement.
In order for your postnuptial agreement to be enforceable in Michigan, it must meet the following legal requirements: Full disclosure ? If you and your wife enter into a postnuptial agreement, you must fully and completely disclose your assets and debts. You must be fully informed of your wife's assets liabilities.
A postnuptial agreement cannot provide enforceable terms for child support or custody. However, it can include provisions for alimony since that is considered separately from a spouse's duties as a parent. (We have seen agreements that have a provision for child support, but it is not enforceable.
It is created after a couple is married to define the rights and obligations of both partners if they were to separate or divorce. While it is entirely possible to construct your own postnuptial agreement, it is not typically recommended.
As long as your agreement fulfills California's legal requirements, the courts will consider it valid no matter how long you have been married. In fact, postnuptial agreements are most common among couples who have been married for years, as they understand better how much each party has to gain or lose.
If you want to have one, it may be a good idea to talk to your attorney first. A postnuptial agreement could be difficult to get your spouse to sign off on, especially if they don't feel like it's in their best interests.