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Monday, March 28, 2016

Should You Have a Pre-Nuptial Agreement?



Marriage is most definitely an economic partnership and all parties to a marriage should have full financial disclosure of their fiancee's assets, debts and income before and during the marriage. A pre-marriage agreement, also known as a prenuptial or ante nuptial agreement, is a contract between you and your fiancee that addresses financial issues and any other issues that are important to you and your fiancee. These other issues may include children, religion, sharing housekeeping tasks and career support. Attached to the agreement should be a financial statement listing all of the assets, debts and income of you and your fiancee.


A pre-marriage agreement can determine what items are to be shared as marital property or what items will be owned only by one spouse and identified as separate property.


If you want more information about pre-nuptial agreements, call us for a free consultation at 212-608-1630.

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