Deciding to stay at home with your child is a big move, but there is abundant research and common wisdom stating that the bonding and care you provide is essential. You and your spouse probably analyzed which career would be best to put on hold before making the decision. Whether you volunteered or it was the result of lengthy debate, Yahoo Finance recommends broaching the subject of a postnuptial agreement first. We at the Law Offices of Lorrie J. Zahodnic, P.C., have provided answers for many couples seeking information about this subject.
You may have already determined that there is room in your new role for some kind of professional life, even if you are working from your home. In this limited capacity, you are taking steps toward protecting your future earning potential. Even so, it may not be able to counteract the disadvantages you face after only a year out of the workforce. For men, the loss of earning potential falls by about 23 percent, while for women, that number is 20 percent. Two to three years raises those statistics to 35 and 30 percent, respectively.
The solution may lie in drafting a postnuptial agreement with your spouse. This document may represent an insurance policy that allows you to maintain a reasonable standard of living after a divorce. Determining the best division of assets and a reasonable alimony payment may be the key to rebuilding the career you are stepping away from. For more information about legal issues relevant to the marital relationship, visit our Web page.