Prenuptial VS Postnuptial Agreement

In this video, Florida Attorney, Sergio Cabanas discusses the main differences between a prenuptial agreement and a postnuptial agreement and the benefits of having one in the event of a divorce.
00:00 Introduction
00:06 Prenuptial VS Postnuptial Agreement
02:17 Outro
Para la version en español, ver aquí:
Prenupcial Vs. Postnupcial
• Prenupcial Vs. Postnup...
**Please note that the information in this video is not an adequate substitute for a consultation with an attorney who is knowledgeable in this subject area and could review the specifics of your individual matter and determine how the law would apply in your particular case.**
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Sergio Cabanas, Esq. has been practicing law since 1991, after graduating from Washington College of Law in Washington D.C. Attorney Cabanas is admitted to practice in the State of Florida and the U.S. Court for the Southern District of Florida and the U.S. Bankruptcy Court. He founded the Divorce and Mediation Law Firm in 2006.
The Divorce and Mediation Law Firm focuses on Divorce, Mediation, Child Custody, Child Support, Alimony, Prenuptial Agreements, Post-nuptial Agreements, Domestic Violence, and Post-Divorce Related issues.
The firm has three locations: Pembroke Pines, Weston, and Sunny Isles Beach in South Florida. If you would want to consult, you can reach the firm through [phone]. We are open from 9AM to 5PM, Mondays to Fridays.
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Transcript:
Today's question is: "Sergio, I've heard about prenuptial agreements and postnuptial agreements when it comes to marriages and divorces but, what exactly do these agreements do and what's the difference between the prenuptial and the postnuptial agreement?"
Well, I get this question a lot.
Basically, both agreements address how things are to be carried out in the event of a divorce.
For example, it calls for how the assets are to be divided in the event of a divorce.
Or whether any alimony will be paid. Etcetera.
So, let's go over what most people know about prenuptial and postnuptial agreements and let's go over the less obvious information.
First, the difference between a prenuptial and a postnuptial agreement is that the prenuptial agreement is obviously made before the marriage whereas the postnuptial agreement is made after the wedding or after the marriage. So let's go over why some people choose to do a prenuptial agreement and others choose to do a postnuptial agreement.
First, the prenuptial agreement is made before the marriage and it's usually when one or both spouses have assets that they want to protect in the event of a divorce, or they are expecting to have assets later on during the marriage that they want to protect in the event of a divorce. Such as, for example inheritance or a large windfall from some other event.
So, why would anybody want to have a postnuptial agreement? Well, that usually comes up under two circumstances. One is, the parties wanted to enter into a prenuptial agreement but because of lack of time