Long Island Prenuptial Agreement Attorney
Prenuptial Agreements in Long Island, New York
A prenuptial agreement is a legal agreement both parties make prior to
entering a marriage. Also referred to as a premarital agreement or prenup,
a prenuptial agreement makes particular stipulations regarding
property division, alimony, and more in the event of a
separation agreement, or the death of a spouse.
Prenuptial agreements are becoming increasingly common throughout the country.
As people get married later in life, they have more assets and possibly
real property to consider. People who have been previously married and
have children with an ex-spouse also face comparatively more complex issues, such as
child custody and
child support, which they must take into account when remarrying.
A Long Island family law attorney can be extremely helpful in drafting
a prenuptial agreement that will address your particular concerns that
will hold up in court should it ever be necessary to execute. At Friedman
& Friedman, Attorneys at Law, we help clients draft premarital agreements
that effectively address their needs and concerns.
Why Do I Need a Prenuptial Agreement?
One of the most common misconceptions about prenuptial agreements is that
only those who are rich and have many assets are in need of one. The fact
is that every married couple could benefit from this legal document. You
might not have much in the way of assets or wealth now, but you could
discuss important financial issues, such as whether you plan on pooling
your income and sharing the fruits of your labor, or if one spouse would
like to maintain separate bank accounts and control his or her own income.
Even the process of discussing a prenuptial agreement can help provide
a strong foundation for your marriage. Oftentimes, couples find out too
late that their ideas about money are vastly different. Tackling this
important topic now will help both of you in the long run.
If you do have a lot of wealth, assets, and property, having a prenuptial
agreement in place will help you protect them. You might never have to
use your prenuptial agreement, but planning for a worst case scenario
will help not only you, but your family as well, since you will be able
to bypass having to hash out an agreement in court that can cause unnecessary
heartache and stress for everyone involved.
Do Prenuptial Agreements Show a Lack of Trust?
This is usually the biggest elephant in the room when it comes to prenuptial
agreements. After all, you are about to embark on a marriage and planning
for a worst-case scenario might not sound like the most romantic thing
to do. However, this is not an indication of mistrust at all. This is
about protecting both of your futures, no matter what happens. When couples
get divorced without a prenuptial agreement, they have to work on an agreement
during the worst time in their relationship and likely will not have each
other’s best interests in mind. When you work on a premarital agreement,
you are safeguarding each other’s future during the best time in
your relationship. Remember, just because you have a prenuptial agreement
does not mean you will ultimately use it one day. Think of it as the emergency
kit you keep in your car or home. It might be collecting dust and the
day might never come when you have to pop it open, but having it there
provides some security.
I Want a Prenuptial Agreement – What’s Next?
Once you decide that you would like to have a prenuptial agreement, you
should speak to your future spouse about it. You will then have to gather
all of your financial information, including a list of assets and liabilities,
and sources of income. Not every couple’s prenuptial agreement will
or should look the same, so give some careful thought as to what you hope
to accomplish with yours. Discuss your objectives with your attorney and
make sure you ask questions if something is unclear to you. Your fiancé
should hire his or her own attorney as well and, together, both of your
respective lawyers should be able to craft an agreement that is acceptable
to both of you.
New York Prenuptial Agreements Lawyer
Our firm's Long Island divorce attorney can make the process of creating
and signing a prenuptial agreement as easy as possible. You will also
need someone to look out for your rights and interests in order to ensure
that the agreement is fair and is most beneficial to your family. A prenuptial
agreement is an excellent decision and can help keep your family from
having to endure a stressful and complicated divorce in the future, if
it should ever occur. However, to ensure its validity, this important
legal document must be correctly drafted. A skilled family law attorney
can assist you with this and give you and your spouse the confidence you
need that, should you ever have to dissolve your marriage, the agreement
will be enforceable.
Experienced New York Family Law Attorneys
Friedman & Friedman, Attorneys at Law has over 35 years of legal experience
and is fully dedicated to protecting the rights of our clients in a number
of family law matters, including prenuptial and postnuptial agreements.
When you contact our firm for a consultation, you will meet with an attorney
personally and have your questions answered and needs addressed.