Pre-Nuptial Agreements
A pre-nuptial agreement is entered into prior to marriage to define your financial expectations once you are married. It makes sense to consider one if either or both of you are bringing substantial assets or debts into the marriage; if either of you has children from a previous marriage; if either of you stands to inherit significant assets from family; or if one or both of you wish to protect a business. You may also have additional, unique reasons for creating such an agreement.
A prenuptial agreement is a legally binding contract that outlines the rights and obligations of each party in the event of divorce or death.
At the New York Divorce Mediation Group, we can assist you in mediation to reach an agreement, or we can represent you and work collaboratively with your fiancé’s attorney to prepare a prenuptial agreement that meets both your needs.
Post-Nuptial Agreements
Sometimes, married couples wish to clarify their financial expectations in case of a future separation or divorce. A post-nuptial agreement can address the division of assets and debts, the payment or waiver of spousal support, the determination of business interests, and the distribution or waiver of each spouse’s retirement plans.