The period of time when a couple decides to take their relationship to the next level is an exciting one. When marriage is on the table, it is important for both parties to protect themselves before bringing the law into the relationship. A prenuptial agreement can allow both future spouses to protect what they have worked so hard for and ultimately put more focus on the more important factors of the relationship. There is a common misconception that prenuptial agreements are only for the wealthy and they doom a couple for divorce, which is simply not the case. If a divorce does occur, however, the couple will be more prepared.
There are a few requirements in New York State to ensure the validity of a prenuptial agreement. These include the following:
- The agreement must be executed voluntarily by both parties
- The agreement must include a full financial disclosure by both parties
- The agreement must be fair and just to both parties
- The agreement must be notarized
- The agreement must be signed before the marriage occurs
If a couple fails to execute the agreement before they are married, they can always sign a postnuptial agreement. If you have questions about prenuptial agreements in New York State, contact our firm today.
Zimmet Law Group, P.C. is an experienced team of attorneys guiding clients through matters of estate planning and administration, divorce and family law, real estate, commercial litigation, business law, bankruptcy, and landlord-tenant law. If you require the services of an effective New York City attorney, contact our firm today to schedule a consultation.