Westchester County Prenuptial Agreements Lawyer
Nearly half of all marriages end in divorce. While no one gets married with the intention of separating later in life, it is a very real possibility that this is how your marriage could end. A prenuptial agreement (prenup) can be invaluable in a divorce by separating assets before the marriage begins. However, prenuptials have many other purposes as well; for example, they can help create financial stability for either of the spouse’s prior children, who might otherwise be unintentionally cut off of their inheritance. The Westchester County prenuptial agreement lawyers at the Law Office of Robert S. Sunshine, P.C., have over 25 years of experience drafting and enforcing prenup agreements.
Who Should Get a Prenuptial Agreement?
The average marriage age is increasing. It is no longer the norm for people to wed straight out of high school. Millennials, in particular, are waiting longer and longer to marry. Many of them have careers, houses, and significant assets before they marry. A prenuptial is simply a tool to preserve and safeguard these hard-earned assets in the event of a divorce. The stigma around prenuptial agreements is quickly dissolving as more couples see the benefits of such an agreement, which can be used for many purposes other than keeping assets separate during the marriage.
Why Should You Consider a Prenup?
- Keep your assets separate—There are many reasons spouses may wish to keep their assets separate. Examples include: one spouse is a business owner, one spouse earns significantly more than the other, or one spouse stands to gain a large inheritance.
- Avoid equitable distribution—New York follows the doctrine of equitable distribution, which means that all marital assets are divided fairly in the event of a divorce. A prenuptial agreement can determine who property is distributed in the event of a divorce, which creates an alternative option to simply keeping assets separate.
- Debt protection—If one spouse intends on incurring significant student loan debt during the marriage, for example, it may be wise to create a prenuptial agreement that protects the other spouse from this debt.
- Children from previous marriages/relationships—If you have a child from a previous relationship, it only makes sense that you wish to pass down at least some of your assets to them should you die. A prenuptial agreement can accomplish this. Instead of your assets being transferred to your spouse, they can instead be bequeathed to your offspring.
- Estate planning—A prenup can protect valuable family heirlooms and other property by ensuring they are passed down to the intended party.
Our Westchester County Prenuptial Agreement Lawyers Can Get Started With You Today
Marriage is a big decision. It is not something that should be decided on a whim. A prenuptial agreement is simply a part of life-planning that should be considered with every marriage, and can help provide a sense of stability and security for years to come. Call the Westchester County prenuptial agreement lawyers at The Law Office of Robert S. Sunshine, P.C. today at 845-735-1300 to schedule a free consultation.