Expecting? Time to Plan Your Divorce

Expecting a baby? Now’s the time to plan for your divorce. Yeah, it sounds grim. But, there’s a case to be had: Making the best decisions on behalf of a forthcoming child — moving to a larger apartment, setting up a 529 account, etc. — is a big part of preparing for parenthood. As couples can’t forecast the future and know whether their relationship will end like nearly half of first marriages in the U.S, it’s also a good time to draw up a contingency plan to take into account the possibility of divorce and make clearheaded decision about the specifics on behalf of your future child. And that’s where the postnuptial agreement, or postnup, comes into play.

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