Rockland County, NY Prenuptial Agreement Attorney
Representing New York clients as they protect assets and appreciating property
When a couple’s relationship takes the important step towards marriage, protecting one’s assets and appreciating property is often not even a thought. The future is uncertain and protecting one’s important possessions is something to consider, especially for high net worth individuals. Though many people think prenuptial agreements are not a great way to start a budding relationship, others believe that by taking money out of the equation, one can truly focus on what is important. Whatever your situation, if you have assets that need protection, prenuptial agreements can help. Similarly, if you are already in a marriage and need to protect your assets and appreciating property from the unknown, a postnuptial agreement may be the answer. If you need experienced legal advice from a skilled and knowledgeable attorney, contact The Law Offices of Mark S. Paige, P.C. for a consultation.
Separate or Marital Property
Individuals from the wealthy to the modest living have assets that need protection from unknown future factors. Without a prenuptial agreement, a person is vulnerable to equitable distribution of marital property if the marriage was to end. If your property was brought into the marriage or acquired during the marriage, it will often be considered marital property. Equitable distribution is the mechanism in which courts will allocate assets and debts. Equitable distribution means fair and just to both parties. With a prenuptial or postnuptial agreement, one can be confident in the fact that any property detailed in the document will be considered separate property in court. It is important to consider your legal options before it is too late and The Law Offices of Mark S. Paige, P.C. is ready to help.
Executing a binding prenuptial agreement
Prenuptial agreements are binding agreements drafted and executed before a couple trades vows. Prenuptial agreements can establish what happens after a marriage, with some limitations. A prenuptial agreement cannot have any language related to child custody, child support or child visitation. This is to protect the child’s best interests. For these agreements to be enforceable, they must adhere to the following:
- They must be in writing
- They must be signed voluntarily
- They must be accompanied by a full financial disclosure at the time of execution
- They must be fair and just
- They must be signed before a notary
Prenuptial agreements can cover a wide range of issue, including what happens in the case of divorce or death and what would happen after instances of adultery or other issues.
Contact a Rockland County prenuptial agreement law firm
If you have been asked to sign a prenuptial agreement or need to draft one, our firm is ready to assist. Prenuptial and postnuptial agreements can save a person undue stress brought on by the divorce process. If you need quality legal services from an experienced law firm, contact The Law Offices of Mark S. Paige, P.C.