A prenuptial agreement is a legal document signed by both partners who intend on getting married. The purpose of the prenuptial agreement may be a grim one, but it is necessary, especially during the current climate of rising divorce rates. Prenuptial agreements determine how much money and assets each party keeps in case divorce or death takes place.
The agreement clearly states the rights and responsibility each partner will have during the marriage and it can also help to decrease any arguments centered around finances. Each state has varying rules regarding prenuptial agreements and anyone who intends on signing one of these contracts should first speak with an attorney who specializes in dealing with family law and divorce.
Prenuptial agreements are often also called antenuptial agreements and they focus on the aspect of property division in case a spouse happens to lose their life or if a divorce takes place. It must be made before the marriage and it must be signed by both future spouses in front of a notary public. If an oral agreement was decided upon or the paper was not signed, then the court will likely not accept the decisions made in it when the time comes to divide the assets.
Despite popular belief, a person does not have to be extraordinarily rich to sign one of these cautionary documents. The agreement can be tailored to meet the needs of the couple and to take their wishes and decisions into consideration.
Prenuptial agreements cover:
- The right to property
- The distribution of assets and debts
- The right to buy, lease and sell property
- The right to manage the family business
- The right to alimony
- The right to death benefits
Prenuptial agreements cover a wide range of topics, but they cannot bar a spouse from complaining about a crime or reporting domestic violence.
Getting in touch with a divorce lawyer in Queens, New York
Anyone who wishes to sign a prenuptial agreement to protect their assets and their rights during the marriage should get in touch with a family law lawyer as soon as possible. An attorney who specializes in dealing with cases of divorce can help a person understand what should be included in their prenup, so they do not have any regrets later on.
The last thing anyone wants to think about when they are planning their wedding is the possibility of their marriage ending. However, it is much better to be safe than sorry, and signing a prenuptial agreement is one of the best ways to protect one’s rights.
Get in touch with a divorce lawyer at the Law Office of Charles Zolot today to learn more.
Reach them at:
37-06 82nd Street
Jackson Heights, NY 11372
Phone (718) 779-6545
Fax (718) 779-6640