Why Is Financial Disclosure Required For A Prenuptial Agreement In New York?

Contact Us Today!
couple signing a prenuptial agreement

You’ve probably heard of a prenup. Today, many married couples choose to create a prenuptial agreement prior to their marriage. This is a legal contract that allows couples to establish how their property and assets will be handled during the marriage. Prenups also often determine how marital assets will be divided in the event of divorce, and they can establish other matters such as alimony and child support payments. When settling on financial agreements, it’s important that both spouses include full financial disclosure. To learn more about this, read on or reach out to a Suffolk County Prenuptial Agreement Attorney today!


To establish a viable prenuptial agreement, it’s necessary to provide full financial disclosure. Essentially, this is when both spouses identify their income, assets, and debts for their prenup. Spouses must indicate their personal property to ensure that their assets are protected in the event of a divorce. Normally, spouses need to attach a financial schedule – a document that outlines a person’s income, assets, debt, and protective inheritance – to the end of their prenup agreement. In New York, it’s legally required for both spouses to provide financial disclosure when creating and signing a prenuptial agreement.


The failure to disclose all of your finances could be a detrimental decision down the line. Without fully disclosing your financial status, the prenuptial agreement might not be accurate and consequently could be declared invalid in court. The purpose of a prenup is to protect your assets in case of divorce, which is why it is incredibly important to include full disclosure when drafting the legal document. Without a valid prenup, the court might have to decide how your assets are divided in a divorce.

Full disclosure is also important because it helps both parties understand the terms of their agreement. It allows both parties to realize the full impact of their decision-making when settling on an agreement. Omitting financial information from a legal agreement can be considered a fraudulent act in some cases. Overall, it’s best to simply disclose all of your assets and debt during this process.

Are you in the process of creating a prenuptial agreement with your future spouse? Are you seeking an experienced family law attorney that can help you in the legal proceedings? Look no further because the Law Offices of Susan A. Kassel, PC is here for you! Contact our effective team today for an initial consultation.

Why choose our firm?

We have an excellent AVVO rating from our many happy clients

We will tirelessly pursue a favorable resolution to your case

We offer aggressive and effective representation

We treat our clients with the compassion, patience, and respect that they deserve

We have more than 20 years of dedicated legal experience

We have the legal knowledge necessary to help you obtain the outcome you desire

We tailor our practice to the representation of your divorce case

What Our Clients Are Saying

I hired Susan to represent me in a divorce matter where I was fighting for custody and to limit my wife's equitable share of our assets. I won custody of our son, kept the marital residence, kept my professional practice, kept my building and paid less than half to my wife. This was after a long-term marriage. She could persuade the court that equitable is not equal and sometimes the man does deserve to win!

‐ Dave

I first must say that I had been represented by two prior attorneys both of whom had simply taken my money and left me nothing to show for it in my custody case. They kept telling me what they were doing for me but I found out they were lying. Susan on the other hand had gotten me temporary custody and support for my children and myself within two months of hiring her. I cannot say enough about her.

‐ Craig

After talking to a few other attorneys, I hired Susan to represent me in my divorce and custody dispute. I was reluctant to go with her because she was the cheapest out of all the other attorneys I met with, but I'm so glad I did. I am 100% positive no one else would have done such a great job with my case as Susan and her staff. Her work is quality, her staff is reliable and her character is honorable. There...

‐ Linda

I had a very difficult case where I had already burned through two attorneys who were unable to get me custody of my children and complete my divorce. Susan was able to rapidly work out an agreement and not let it just malinger on like my previous experiences. She was also considerate of my financial situation unlike all of the other lawyers I had spoken to. I highly recommend her if you want complete and caring service with an in-depth knowledge of...

‐ Joanne


The Law Offices of Susan A. Kassel, P.C. proudly serves clients throughout Suffolk County, New York in their divorce, family law, and estate planning matters. If you require the services of an experienced Suffolk County attorney, schedule a consultation with The Law Offices of Susan A. Kassel, P.C. today.

Recent Blogs


Contact Us Today!