Postnuptial Agreements

While many couples may see them as unromantic, the fact is that prenuptial and postnuptial agreements may serve to protect independent individual assets from being put into the marital estate depending on their enforceability. Preparing these complicated and emotionally charged agreements requires that each side of the relationship have legal representation to protect and preserve their interests. The Law Offices of Paul A. Boronow, PC, stands ready to help. Read the rest »

Often, couples shy away from talk of a prenuptial agreement because it seems to “chill” the excitement of the impending marriage. In fact, a prenuptial agreement can make a marriage stronger from the start by clarifying key issues surrounding property ownership and how the couple will handle their shared finances.

It’s wise to work with an experienced Long Island prenuptial agreement attorney to make sure the agreement is full and fair. In addition, here are five things you should consider when working to create your agreement: Read the rest »

Many New York couples marry without taking the step of creating a prenuptial agreement – only to realize after the marriage is final that they would have been better off if they had.  The prenuptial agreement, or “prenup,” allows the couple to clarify certain terms regarding finances and how assets and debts will be split if the couple divorces.

While a prenuptial agreement is created before a marriage, a married couple can enter into a postnuptial agreement that covers the same territory.  An experienced Long Island family law attorney can help. Read the rest »

Many New York couples considering marriage enter into a prenuptial agreement to ensure that both spouses are clear on financial and other issues before the marriage begins.  If a couple chooses not to create a prenuptial agreement, they still have the option to create a postnuptial agreement after they are wed.

Couples who struggle with legal or financial issues after marriage should consider using a postnuptial agreement to clarify their needs and set ground rules.  Some of the questions addressed in many postnuptial agreements include:

• How is property held by each spouse? What changes, if any, should be made?
• How is debt held by the spouses? How will it be repaid? What are the priorities? Read the rest »

New York courts often enforce post-nuptial agreements, or agreements concerning ownership of property after marriage. Like a pre-nuptial agreement, a post-nuptial agreement can sort out issues of property ownership, management of family businesses, and other concerns the couple may have regarding their standing within the marriage.

There are many reasons a couple might not create a prenuptial agreement, but might want to create a postnuptial agreement. In our society, prenuptial agreements are often viewed with suspicion. When family members or friends see them as evidence of “selfishness” or that a marriage won’t “work,” a marrying couple may decide not to seek one – only to discover after the marriage that the clear communication and agreed-upon “ground rules” the agreement creates are “must-haves” in their relationship. Read the rest »