Serving Garden City, Long Island, and Queens, New York
A prenuptial agreement can be an excellent way to protect your property and assets in the event that your marriage ends in divorce or the untimely death of one spouse. In a typical prenuptial agreement, one or both spouses agree to forfeit certain property rights that he or she would normally be entitled to by law. Because of the serious financial consequences for both spouses, a prenuptial agreement must be carefully crafted by an experienced family law attorney.
New York follows the law of Equitable Distribution, which creates a true economic partnership in the marriage. Without a prenuptial agreement, equitable distribution laws will grant each spouse a split of all marital assets in a manner that it equitable but not necessarily equal. In certain situations, this may not be the fairest or most desirable outcome.
If you’re considering a prenuptial agreement for your upcoming marriage, you can make sure your rights are protected by speaking to Les Martin in person. Please call 516-222-0900 today to schedule a consultation at our Garden City law office.
Do I Need a Prenuptial Agreement?
A prenuptial agreement is not necessary in all situations. The life stage and financial status of you and your spouse prior to marriage will determine whether or not this agreement is needed.
In general, a prenuptial agreement is not necessary when you and your spouse are at a similar stage in life:
- Both of you are entering into a first marriage
- Neither of you have any children from a prior relationship
- Both of you have similar incomes or earning capacities
- Neither of you owns or has an interest in an established business
- Neither you nor your spouse has acquired significant assets, property, or wealth prior to the marriage
A prenuptial agreement is usually desirable when:
- You or your spouse is entering into a second marriage
- There is a significant inequality in assets or wealth between you and your spouse prior to the marriage
- You or your spouse already have children and want to preserve previously acquired wealth for them
- You or your spouse enters the marriage with an established business
An Experienced Family Practice Lawyer
Les Martin has been practicing matrimonial and family law for 45 years. During this time, he has helped draft and review hundreds of prenuptial agreements for his clients. He has a great deal of experience in reviewing the financial documents needed to ensure that your prenuptial agreement will be upheld by the courts, and he can make sure that your agreement will reflect your best interests.
During his 45 year legal career, Mr. Martin has developed a reputation for honesty, integrity, attention to detail and high ethical standards. He will work tirelessly to guarantee that your assets will be protected in the event of a divorce.
Please contact Les Martin, Attorney at Law today to schedule a prenuptial agreement consultation. Mr. Martin serves clients in Nassau, Suffolk and Queens Counties, and all of New York City.