Larkin, Ingrassia & Tepermayster, LLP
Need Help? Call Today
845-234-4852

Most important items to include in a prenuptial agreement

A prenuptial agreement is one of the most important documents you might create in your lifetime. It can help protect your property and other assets before entering into a marriage. This is a document that can be amended during the life of the marriage, but it must be done so according to the law in New York.

It's easy to get lost in the excitement of planning a wedding, which could lead you to forgetting to create a prenuptial agreement. If you decide a prenuptial agreement is right for your situation, make sure you create it with your family law attorney well in advance of the wedding. You want this document to be one of the first legal documents surrounding your marriage.

Make sure the prenuptial agreement clearly defines what marital property is. In most instances, any property acquired after the marriage is typically joint property, even if it is acquired individually. You can avoid this conflict altogether by defining marital property in the prenuptial agreement.

Have the prenuptial agreement outline that any separate property coming into the marriage remains just that, separate property. This can include any income made from the property, the increase in value in the property and an exchange from one form of property to another form of property.

It's also a good idea to record in the prenuptial agreement that any gifts from your spouse are considered separate property and not marital property. This prevents your spouse from trying to reacquire those items if divorce occurs and you go to divide the marital property in half.

The prenuptial agreement should also include debt, retirement benefits and of course, the engagement ring.

Preparing to get married is a happy, yet stressful time in your life. Adding in the creation of a prenuptial agreement can make it even more stressful. Enlist the help of a family law attorney in Newburgh to make the process as painless as possible.

Source: PopSugar, "The Most Important Things to Put in Your Prenup (Including Items You Probably Didn't Think About)," Nicole Yi, July 05, 2017

No Comments

Leave a comment
Comment Information

We Can Help Fill out this form to contact our team of experienced attorneys

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us Today

Offices located in Newburgh and Middletown | Se Habla Español | Connect With Us:

Newburgh Office
356 Meadow Avenue
Newburgh, NY 12550

Toll Free: 877-278-5062
Phone: 845-234-4852
Fax: 845-566-5148
Newburgh Law Office Map

Middletown Office
626 East Main Street
Middletown, NY 10940

Toll Free: 877-278-5062
Phone: 845-234-4852
Fax: 845-344-4996
Middletown Law Office Map