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The same reasons that cause people to enter into prenuptial
agreements (several of which are discussed in detail in this
Website) are what causes them to contemplate entering into a
postnuptial agreement.
In addition, there are some unique circumstances which may
arise during marriage that cause people to consider entering
into postnuptial agreements. In particular, when one spouse is
entering into a risky business venture, the other spouse may
wish to protect his or her share of the assets, or the family
home, from possible loss to a business failure. Couples may agree
through a postnuptial agreement that the spouse who is taking
the risk should be solely responsible for the debts incurred
as a result of the business.
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