Prenuptial agreements can be very helpful to define financial expectations and to create a more harmonious marriage.
Prenuptial Agreements may make sense for you and your fiancé, particularly if:
- one or both of you already has children;
- one or both of you is likely to inherit from your birth family;
- you want to protect a professional practice or family business;
- you do not want to assume each other’s present and/or future debts.
You have a few process options for working out the terms of the prenuptial agreement. You may use mediation, collaborative process or have your lawyers negotiate an agreement on your behalf. Mediation or the collaborative process will help you gain experience engaging in a difficult problem-solving process with your fiancé, listening to each other while still asserting your own interests. If you use mediation, you must each hire reviewing attorneys to make sure that you understand the terms of the agreement fully and that your rights are protected.
We can also prepare a prenuptial agreement for you independently, review one prepared on behalf of your fiancé, or prepare one collaboratively with you, your fiancé, and your fiancé’s attorney. We will help you understand how marriage will affect your assets, and see that the agreement reached is fair and in accord with the laws of New York.