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Prenuptial Agreements Archives

Think you're too young for a prenup? Think again

Millennials are subjected to a number of negative stereotypes. Older generations say they are lazy, entitled and careless in ways they were not. However, the fact is that for many millennials, these descriptors could not be further from the truth.

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.

How do I know if a prenuptial agreement is right for me?

If you are headed for a walk down the aisle, you are likely thinking about everything under the sun. But, are you thinking about legal documents? Marriage is a big life decision and should be treated as such when it comes to legal issues. One common legal document involved in marriage is the prenuptial agreement. So, how do I know if a prenuptial agreement is right for me? We will tackle that burning question today.

Prenuptial agreements for a second marriage

Prenuptial agreements are a good idea for someone getting married the first time. They are a great idea for someone entering into a second marriage. This is really important if you are remarrying during your senior years. Protecting assets in a second marriage can be done with a prenuptial agreement even if your new spouse is in the same financial situation as you.

The pros outweigh the cons for a prenuptial agreement

Prenuptial agreements are becoming more common these days and don't have the stigma they once had. In fact, many couples are signing prenuptial agreements even when they believe that they will stay married until death do them part. Even though marriage should be built on trust and romance, it really is a business agreement between two people. Let's look at both the pros and the cons of signing a prenuptial agreement.

Lisa Marie Presley in prenuptial agreement dispute with husband

Lisa Marie Presley, the daughter of Elvis Presley, is in the middle of a prenuptial agreement dispute with her estranged husband, Michael Lockwood. Presley married Lockwood in 2006, but filed for divorce in June of 2016. Presley is in a financial fight with Lockwood right now over the true value of her assets.

How to avoid your prenuptial agreement being invalidated

No one wants to think about a potential divorce when he or she gets married. However, divorces are a fact of life. Some people say that at least 50 percent of marriages end in divorce. Prenuptial agreements are a way to protect your assets if that day ever comes.

Why you should get a prenup, especially if you're marrying young

Let's face it. If you work hard for something, you want to keep it for yourself, right? Depending on what income bracket you fall into, taxes alone can take a large chunk out of your gross salary. And if you run off and get married on a whim without a prenup in place? Well, that can take bite out of your earnings, savings and investment interests leaving you with only scraps to be able to adequately take care of yourself.

Getting remarried? Consider getting a prenuptial agreement

It is believed that approximately four in 10 new marriages involve at least one individual who has been married previously. Remarriage later in life, though a wonderful thing, carries with it some financial risks for oneself and any children one has had through previous relationships. For those in New York and elsewhere who have found love again, it is okay to want to seek out the appropriate legal protections before walking down the aisle. A prenuptial agreement may be just the ticket.

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