Common Concerns Surrounding Prenuptial Agreements
If your future spouse asks you to sign a prenuptial agreement, your first reaction may be to feel concerned or even offended. This is a normal reaction, one that often stems from misconceptions surrounding prenups. Read on to learn more about prenuptial agreements and some of the most common concerns people have about signing:
A Prenuptial Agreements Indicates a Future Divorce
A prenuptial agreement is a document that declares how your assets will be divided in the event that a marriage ends due to separation, divorce, or death. Because a prenup addresses the end of a marriage, many people worry that a prenuptial agreement is a rocky way to start your union. But, this is not the case. Prenuptial agreements allow you to plan for all potential future outcomes. Additionally, they allow both spouses to enter the union feeling secure and knowing that their assets will be protected. Finally, a prenup allows couples to get important financial plans and discussions out of the way before the marriage, rather than after the fact, which can create a great foundation of trust, understanding, and communication.
I Don’t Need a Prenuptial Agreement
Many people believe that prenups are only for especially wealthy couples. This is not the case. Anyone who has any important assets should consider creating a prenuptial agreement. You and your future spouse deserve to feel safe, secure, prepared and protected.
A Prenuptial Agreement Won’t Hold up in Court
Some worry that their prenuptial agreement will be found invalid in the event of a divorce. This is a practical concern if you did not work with a family law attorney. But, if you work with a skilled family law attorney, your prenup should hold up in court. In order to create a valid prenup, you will have to meet the following requirements:
- The agreement must be in writing
- The agreement must be fair and just for both parties
- The agreement must include full disclosure of each spouse’s financial situation
- The agreement be executed before marriage
- The agreement must be notarized
If you have any questions or concerns about prenuptial agreements in New York, reach out to our firm. We are here to address any questions or concerns you may have.
Contact our Firm
The Law Office of Peter L. Jameson, PLLC understands the harsh implications of relocation can have on a child and his or her parents. When you have a contested relocation matter, it is important to have an experienced attorney to represent you in court. If you are faced with a relocation matter in Rockland County, contact The Law Office of Peter L. Jameson, PLLC today to schedule a consultation.