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New York Prenuptial Agreement Law

A prenuptial agreement is a legal contract between two people who are going to marry and specifys how assets will be distributed in the event of a divorce or death. A prenuptial agreement is a wise choice even if you don't own significant assets or own a home. It will save you from future disagreements about distributing assets and can save you money if there is a disagreement. A prenuptial agreement requires that each spouse arrange an inventory of assets owned before the marriage. This legal contract can also be called a pre-marital agreement

More reasons to consider a prenuptial (premarital) agreement:

  • A prenup is very important if one spouse is richer than the other spouse.

  • If you own assets such as a house, stock or retirement funds.

  • A prenuptial agreement is essential if you own part or all of a business.

  • A prenup can specify how to distribute an inheritance.

  • A prenup can designate how relatives who require to be care, such as disabled children or elderly parents who need personal care.

  • A prenuptial agreement can address the situation where if you get a significant increase in income due to strong business growth.

  • If you win big at the gambling tables or lottery, this can be dealt with as well.

  • A prenuptial agreement is absolutely essential if you have children and/or grandchildren from a previous marriage.

    • Contact a Manhattan Family Law Attorney

     


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