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What Can A Prenuptial Agreement Cover?

June 15, 2020
prenuptial agreement paper | Westchester County, NY

Have you thought about hiring a prenuptial agreement attorney? It may be helpful to know what can be covered by a prenuptial agreement. Similar to a relationship itself, a prenuptial agreement is not “one size fits all.” A “prenup” can cover a vast array of different things. There are many issues that should be considered in a prenuptial agreement.

Finances

This is important in a relationship. As you and your partner prepare for marriage, you will need to discuss your financial information if you are pursuing a prenup. The information disclosed will include debts, assets, and anything else pertaining to one’s financial position.

Assets Acquired During Marriage

Property or assets acquired during the duration of a marriage are typically referred to as marital property. These are subject to equitable distribution in the event of a divorce.

Assets Acquired Before Marriage

Any assets or property brought into the marriage are considered to be separate property and would remain that party’s property even in the event of a divorce. However, certain actions during marriage can turn separate property into marital property. A prenup can outline specific stipulations and rules surrounding marital or separate property.

Social Media

More often, couples are including terms as to what may or may not be posted on social media about them. This is in order to protect both parties from the dissemination of any private information. Often consent is required before anything may be posted online.

Maintenance

Maintenance, or alimony, occurs when one party is required to financially support the other in the event of a divorce. Many couples choose not to include this in their prenuptial agreements. An attorney can discuss what goes into waiving this right.

If you are seeking a prenuptial agreement attorney in the Westchester County, NY area, rely on Lauren B. Abramson, Esq. Our team has many years of experience and we are ready to help you. Contact Lauren B. Abramson, Esq today to learn more about how we can help when you need a prenuptial agreement attorney. Lauren B. Abramson, Esq has been practicing law since 1987.

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