Making the decision to take a relationship to the next level is often a very exciting time for a couple. When marriage is in the cards, there is so much excitement going on that it seems impossible to consider the possibility of divorce. That being said, divorce rates are very high and it is important for parties to protect themselves in advance. One of the best ways that an individual can protect themselves in the wake of a marriage is through a prenuptial agreement. Prenuptial agreements are for everyone, not just the very wealthy.
It is important that if you do decide to create a prenuptial agreement, you ensure that it is valid. To create a valid prenuptial agreement in the state of New York, it must meet the following criteria:
- The agreement must be in writing
- It must include all financial information about both spouses
- It must be notarized
- It must be fair and just to both spouses
- It must be executed before the marriage
- It must be voluntarily signed by both parties
Only financial matters can be included in a prenuptial agreement. The factors that may be addressed include:
- Loyalty and fidelity
- Inheritance of finances and other assets
- Spousal support
- Real estate
- The appreciation of assets
If you have questions about creating a prenuptial agreement, contact our firm today.
Matters of divorce and family law should be navigated with the guidance of an experienced attorney. If you need strong legal representation regarding matters of divorce, family law, and estate law, contact the Law Offices of Susan A. Kassel, P.C. to schedule a consultation today.