Perhaps you spent most of your adult life married to the same person. During that time you may have raised children and run the family home. You may even have put your own career aspirations on hold so that your spouse could pursue other opportunities. In the end, it all paid off; you and your spouse have the home, the cars and the bank accounts to prove it.
Student loan debt recently surpassed credit cards and auto loans to become the second highest debt category after mortgage debt. More than 44 million people in the U.S. owe an approximate $1.3 trillion with a T.
Postnuptial agreements, also known as marital agreements, have become more common in recent years as couples seek to protect their assets in case of a potential divorce. Like most such agreements, they are usually made as a "just in case" failsafe – after all, few people are contemplating the eventuality of divorce during the first bloom of marriage.