New York City Marital Agreement Lawyers

Marital agreements, or prenuptial or postnuptial agreements, are legally binding contracts that couples enter into to define the terms of their relationship, mainly regarding property and financial matters. These agreements have become increasingly commonplace in New York City, providing a proactive approach for couples to safeguard their individual rights and interests.

Couples may opt for a marital agreement for many reasons. These contracts clarify each party’s financial rights and obligations should the marriage end in divorce or the death of either party. They simplify property division and minimize potential disputes that could arise during divorce proceedings, thus reducing likely stress and costly legal fees. The agreement also allows for the protection of assets, ensuring the preservation of wealth for future generations.

Working with the Law Offices of Norka M. Schell, LLC in creating, negotiating, or reviewing your agreement protects your interests. Our firm brings over 30 years of family law experience, including the intricacies of marital agreements. We provide personalized legal counsel tailored to your unique circumstances, guiding you throughout the process.

Reserve your consultation with a New York City marital agreement attorney by contacting us at 212-258-0713.

What Does a Marital Agreement Cover?

A comprehensive marital agreement in New York City typically covers the following issues:

• Asset protection: This includes real estate properties, investments, business interests, and personal items. The agreement outlines how these assets will be divided upon divorce.
• Debt liability: This establishes who is responsible for debts incurred before and during the marriage, protecting one party from the other’s liabilities.
• Spousal support: It addresses the issue of alimony, including its amount and duration.
• Property division: The agreement provides for an equitable distribution of marital property, avoiding the state’s default rules.
• Inheritance rights: It can be used to protect the inheritance rights of children from previous relationships.

What Is the Difference Between a Prenuptial & Postnuptial Agreement?

The difference between a prenuptial agreement and a postnuptial agreement lies in the timing. A prenuptial agreement is signed before marriage, whereas a postnuptial agreement is signed after the couple has married. Regardless of the type, both agreements serve a similar purpose – to protect individual rights and set clear expectations for the financial aspects of the marriage.