Crafting Prenuptial And Postnuptial Agreements
Life is full of uncertainty. However, having a properly drafted prenuptial or postnuptial agreement in place can reduce a part of that uncertainty. Such a legal contract can provide peace of mind, assuring you that your financial future and other interests will be protected should your marriage end.
At Burger Green & Min LLP in New York City, we take pride in meticulously crafting prenuptial and postnuptial agreements that effectively protect the full scope of our clients’ rights and interests.
What Such An Agreement Can And Cannot Do
A prenuptial or postnuptial agreement typically defines financial rights in the event that a marriage is terminated by divorce or death. It can clearly list which assets should be designated as separate property and which are marital property, how to divide joint assets and more.
While prenups are highly effective in addressing potential property division concerns, they cannot be used to set child support amounts or determine child custody arrangements.
Why Hiring A Lawyer Makes The Most Financial Sense
While you may be tempted to download a generic prenuptial form off the Internet, taking the “do-it-yourself” route can potentially end up costing you far more than you realize.
To be enforceable in New York, an agreement must contain very specific elements. Without having an experienced professional draft your agreement, you may find yourself unable to enforce any of your property division rights down the road.