Prenuptial agreements are contracts that a couple executes before their marriage to establish their respective property and financial rights. These contractual rights plan for the contingency of a divorce, often including details about spousal support obligations.
Yet prenuptial agreements should not be seen as a lack of confidence in a marriage. To the contrary, at the law office of Jay S. Baum, we view them as a proactive approach to marital finances. Before executing a prenuptial agreement, a couple must discuss how they want to allocate financial responsibilities in their marriage. Prenuptial contracts are the catalyst for these discussions.
Preserving Your Financial Independence
Prenuptial agreements can be a powerful tool for maintaining your financial independence after marriage. The contracts may call for each party to maintain separate bank accounts, for example. A disciplined financial approach can benefit couples from all financial backgrounds, not just high-asset estates.
If you were previously married, a prenuptial agreement can also ensure that your assets will go to any children from your first marriage, rather than your surviving spouse.
Proactive Procedural Compliance
We understand the legal technicalities needed to execute a valid prenuptial agreement. A prenuptial agreement cannot contain unenforceable conditions, such as agreements that are contrary to state or federal law. An agreement must also be executed free of fraud or coercion. We will help you define your legal obligations so that you enter into your marriage without financial concerns.
Contact A Prenuptial Agreements Attorney
Find out today whether a prenuptial agreement will provide you with financial peace of mind in your marriage. We offer a free initial consultation and are conveniently located in Staten Island. Call 718-980-5200 or complete our online contact form to schedule your consultation today.