Prenup Agreement

Why Every New York Couple Needs a Prenuptial Agreement

Of course, every couple who gets engaged wants to go into a marriage believing that they will be together forever. Unfortunately, the sad reality is that not all marriages withstand life’s challenges. This is why it is a good idea to have a prenuptial agreement. Below, let’s discuss “Why every New York couple needs a prenuptial agreement.”

What is a Prenuptial Agreement?

A prenuptial agreement is a legal document that dictates how a couple’s debts, assets, and finances will be handled in case the couple chooses to divorce.

What Are the Advantages of Having a Prenuptial Agreement?

One of the most important advantages of having a prenup is that it helps you protect your assets. Assets can include real estate, investments, 401k, boats, family heirlooms, expensive art and much more. If one or both spouses are bringing a large amount of wealth into the marriage, a prenup is essential.

A Prenup Can Protect You from Debts

Another aspect of a prenup agreement is that it can protect one spouse from being responsible for debts that they are not liable for. A prenup can specify who would be responsible for which debts; so that if the couple does divorce, the debt has already been assigned to the appropriate party.

A Prenup Can Help You Protect Your Family Business

If your family has spent years building a legacy, it is imperative to outline the family business in a prenup agreement. Failure to do so could have catastrophic effects for you and your family.

A Prenuptial Agreement Can Help You Avoid Costly Litigation

Having a prenup in place can help you avoid an expensive and stressful court battle over assets. Not only can it be expensive, but it can also end up taking years to resolve if complex assets are involved.

What Are the Potential Consequences of Not Having a Prenuptial Agreement in New York?

Not having a prenuptial agreement in place can have adverse consequences. In New York, if a couple does not have a prenup, then the state will enforce “equitable distribution.” Equitable distribution means that the property will be divided fairly, or “equitably”, which does not necessarily mean equally.

Don’t Get Stuck Paying for Debt that You Did Not Accumulate

Without a prenup, you could also get stuck with having to pay debts that may have piled up during the marriage. This can happen even if you were not directly the one who accumulated the debt.

If you don’t have a prenup, it can also mean a huge financial loss; especially in a high-net worth situation.

Not Having a Prenup Can Impact Spousal Support

A lack of prenup can also impact spousal support. Spousal support is regulated by New York state guidelines and the outcome may not be positive for one or both spouses.

Contact a New York Prenup Lawyer Today

Consult a New York prenup lawyer for guidance on a prenup that will help you secure your future. Call Sabra Law Group today at (646) 472-7971.

Do I Need a Prenuptial Agreement if I Don’t Have Many Assets?

When you’re getting married, you might wonder, “Do I need a prenuptial agreement if I don’t have many assets?” While it may seem unnecessary, a prenuptial agreement can still provide significant benefits, even if your financial situation is simple. It’s not just for the wealthy; it’s a practical way to protect your future.

What Is a Prenuptial Agreement?

A prenuptial agreement, or prenup, is a legal document that outlines how a couple’s assets and debts will be divided if their marriage ends in divorce. While the idea might seem unromantic, it’s actually a practical way to protect both parties and prevent disputes down the road.

Why Get a Prenup When You Have Few Assets?

Here are some reasons why a prenuptial agreement might still make sense for you:

1. Planning for Future Growth

Even if you don’t have significant assets now, that could change in the future. A prenup can protect assets you acquire during the marriage, such as a business, real estate, or investments. It’s easier to set expectations now than to deal with disputes later.

2. Managing Debt

Prenups don’t just cover assets—they also address debts. If one partner has significant student loans, credit card debt, or other liabilities, a prenup can establish who is responsible for what. This can prevent financial surprises if the marriage ends.

3. Clarity and Communication

A prenup encourages open discussions about money, which can strengthen your relationship. You and your partner can set clear financial expectations and make sure you’re on the same page about future plans.

4. Protecting Inheritances

If you expect to receive an inheritance, a prenup can ensure it remains yours. Without one, your inheritance could potentially be divided in a divorce.

5. Safeguarding Family Heirlooms

Even if your current finances are simple, you might have sentimental items, such as family heirlooms or gifts, that you want to protect.

Common Misconceptions About Prenups

• “Prenups Are Only for the Wealthy”

This is one of the biggest myths. A prenup can benefit anyone who wants to protect their financial future and ensure fairness.

• “Signing a Prenup Means We Don’t Trust Each Other”

A prenup isn’t about mistrust; it’s about being prepared. Think of it like an insurance policy—you hope you never need it, but it’s there just in case. It is also a way to maintain control over your money and finances rather than leaving it to chance.

• “It’s Too Complicated and Expensive”

With the help of an experienced attorney, creating a prenup doesn’t have to be difficult. At Sabra Law Group, we’ll guide you through the process to make it as simple and stress-free as possible.

The New York Advantage

New York has specific laws about how assets and debts are divided in divorce. Without a prenup, these decisions are left to the courts. A prenuptial agreement allows you and your partner to have more control over the outcome.

How to Get Started With a Prenuptial Agreement in New York

If you think a prenuptial agreement might be right for you, start by having an open and honest conversation with your partner. Then, consult an experienced family law attorney to ensure the agreement meets New York’s legal requirements and fully protects your interests.

At Sabra Law Group, we specialize in helping couples create prenuptial agreements tailored to their unique needs. Whether you have few assets or complex financial circumstances, we’re here to help.

Call Sabra Law Group Today

Don’t wait until it’s too late to protect your financial future. Contact Sabra Law Group at 646-472-7971 to schedule a consultation and learn more about how we can help you create a prenuptial agreement that provides peace of mind for you and your partner.

How Do I Bring Up the Topic of a Prenuptial Agreement With My Partner?

Discussing a prenuptial agreement with your partner can be a sensitive topic, but it’s an important conversation to have before marriage. If you’ve been wondering, “How do I bring up the topic of a prenuptial agreement with my partner?” you’re not alone. Many couples feel uneasy about approaching the subject, but with the right approach, it can lead to open and productive communication.

Why Talk About a Prenup?

A prenuptial agreement isn’t just for the wealthy. It’s a tool that provides clarity and protects both partners in case of unexpected events. Discussing a prenup can strengthen your relationship by fostering transparency and ensuring that you’re on the same page about financial matters.

Tips for Bringing Up a Prenuptial Agreement

1. Choose the Right Time and Place

Timing is everything. Avoid bringing up a prenup during stressful or emotional situations. Choose a calm, private setting where both of you can focus on the conversation without distractions. It is recommended that you choose a neutral place, typically not your home which is reserved creating loving, warm and fun memories and experiences.

2. Start With Your Intentions

Be honest about why you want a prenuptial agreement. Explain that it’s not about mistrust but about planning for the future and protecting both of you. Emphasize that it’s a practical decision, not a reflection of your commitment.

3. Use Open and Respectful Language

Approach the conversation with empathy. Use phrases like, “I’ve been thinking about our future, and I want to make sure we’re both protected no matter what happens.” Avoid accusatory language or framing it as a demand.

4. Educate Yourself First

Before starting the conversation, make sure you understand what a prenup involves. This will help you answer your partner’s questions and address any concerns they might have.

5. Focus on Mutual Benefits

Highlight how a prenup can benefit both of you. It’s not just about protecting one partner; it ensures fairness and provides peace of mind for the future.

6. Be Ready to Listen

Your partner may have fears or misconceptions about prenuptial agreements. Be patient and give them the space to express their feelings. Acknowledge their concerns and discuss solutions together.

What If My Partner Is Hesitant?

If your partner is reluctant, don’t pressure them. Instead, suggest talking to a neutral third party, like a family law attorney or financial advisor, who can provide clarity and answer any questions. Sometimes, hearing an unbiased perspective can ease concerns.

Why It’s Important to Have This Conversation

Discussing a prenuptial agreement is about being proactive. It’s not a sign of a weak relationship but a sign of maturity and responsibility. By addressing potential financial issues early, you can avoid conflicts down the road and build a stronger foundation for your marriage.

How Sabra Law Group Can Help

At Sabra Law Group, we understand that conversations about prenuptial agreements can be challenging. We are here to guide you through the process and provide the information and support you need to make informed decisions. Whether you’re just starting the discussion or ready to draft an agreement, we’re here to help.

Contact Sabra Law Group Today

If you’re ready to learn more about prenuptial agreements or need guidance on how to approach the topic with your partner, call Sabra Law Group at 646-472-7971. Let us help you protect your future and start your marriage with confidence.

Why a Prenup is a Sign of True Love for Couples Celebrating Valentine’s Day

Valentine’s Day is a time to celebrate love, commitment, and the exciting future ahead. If you’re engaged or planning to get married, you’re probably focused on wedding planning, romantic gestures, and dreams of a happily ever after. But have you considered a prenuptial agreement? Let’s explore why a prenup is a sign of true love.

Many people assume that talking about a prenup means you don’t trust your partner or believe the marriage won’t last. In reality, a prenup is a sign of respect, maturity, and deep commitment. It’s not about preparing for divorce—it’s about creating a solid foundation for a strong and lasting marriage.

6 Reasons Why a Prenup is a Sign of Love

Instead of seeing a prenup as a lack of trust, think of it as a way to protect and strengthen your relationship. Here’s why:

1. It’s About Planning for a Lifetime Together

A prenup isn’t just about what happens if things go wrong—it’s about ensuring you both feel secure, protected, and aligned in your goals. Just like you plan for your wedding, your honeymoon, and your future home, a prenup is another smart step in building a successful life together.

2. It Promotes Honesty and Transparency

One of the biggest causes of stress in marriage is financial disagreements. A prenup encourages open conversations about money before you walk down the aisle. By discussing finances early, you prevent misunderstandings and ensure you’re both on the same page about managing money as a team.

3. It Protects Both Partners, Not Just One

A common myth is that prenups only benefit the wealthier partner. The truth is, a prenup can be customized to ensure fairness for both spouses. It can:

Protect personal assets and future inheritances
Clarify how finances will be handled during the marriage
Address potential financial inequalities if one spouse takes time off to raise children
Ensure that both partners feel secure and protected, no matter what happens

4. It Shows That You Care About Each Other’s Well-Being

Marriage is about love, but it’s also a legal and financial partnership. If you truly love someone, you want to make sure they are taken care of—no matter what. A prenup allows you both to decide, in a fair and loving way, how assets and responsibilities will be handled, instead of leaving it up to a court in the event of a divorce.

5. It Reduces Stress and Future Conflict

No one gets married expecting to divorce, but life is unpredictable. If things ever take an unexpected turn, having a prenup in place can prevent drawn-out legal battles, financial strain, and emotional stress. It allows both partners to part ways amicably, knowing that they had an agreement in place from the start.

6. It Gives You Financial Independence

In New York, marriage laws dictate how assets are divided in a divorce. A prenup gives you the power to make those decisions yourselves, rather than relying on state laws that may not reflect your wishes. It allows each spouse to maintain control over their personal financial future.

How to Talk About a Prenup Without Feeling Unromantic

Bringing up a prenup can feel awkward, but it doesn’t have to be. Here’s how to approach the conversation in a way that keeps the love and respect intact:

Pick the Right Time: Talk about it early in your engagement, not right before the wedding when emotions are high.
Be Honest About Your Intentions: Explain that a prenup isn’t about doubting the marriage—it’s about financial security for both of you.
Make It a Team Effort: Work with an experienced attorney to create an agreement that protects and benefits both partners.
Emphasize the Positives: Focus on how a prenup strengthens your relationship by fostering transparency and preventing financial misunderstandings.

Your Love Story is Unique—So Should Your Prenup Be

A prenup doesn’t take away from the love and romance of your marriage—it enhances it. It ensures that both of you are entering this new chapter with confidence, trust, and security. Instead of seeing it as a sign of doubt, view it as an act of love and responsibility.

If you’re engaged and want to explore how a prenuptial agreement can protect both you and your partner, Sabra Law Group is here to help. We specialize in crafting fair, personalized prenups that set couples up for a lifetime of success.

Call Sabra Law Group today at (646) 472-7971 for a confidential consultation, and let’s ensure your marriage starts on the right foundation.

Getting Engaged on Valentine’s Day? Learn Why You Should Discuss a Prenup

Valentine’s Day is one of the most popular times of the year for proposals. If you’re planning to pop the question—or just said “yes!”—congratulations! Getting engaged is an exciting time filled with love, celebration, and planning for the future. While wedding venues, dresses, and guest lists might be top of mind, there’s one conversation that engaged couples should have early on: whether to get a prenuptial agreement. Below, learn why you should discuss a prenup if you end up getting engaged on Valentine’s Day.

Why Bring Up a Prenup Now?

A prenup, or prenuptial agreement, is a legal document that outlines how assets, debts, and financial responsibilities will be handled in marriage and in the event of a divorce. While it may not seem like the most romantic topic, discussing a prenup early in your engagement can actually strengthen your relationship.

Here’s why it’s smart to talk about a prenup as soon as you say “yes”:

1. It Sets a Foundation for Open and Honest Communication

A healthy marriage is built on trust, honesty, and clear communication. Money can be a sensitive subject, but discussing financial expectations upfront helps avoid misunderstandings down the road. A prenup forces couples to have important conversations about finances, including how income, assets, and debts will be managed.

2. It Protects Both Partners—Not Just One

There’s a common myth that prenups only benefit the wealthier partner, but that’s not true. A well-drafted prenup ensures that both people are treated fairly in case of divorce. It can protect a stay-at-home spouse, ensure both partners keep personal assets, and clarify financial responsibilities.

3. It Helps Prevent Future Conflict

Divorces can be messy, expensive, and emotionally draining. A prenup allows couples to make financial decisions calmly and fairly before any problems arise. Instead of fighting over assets later, you’ll already have an agreement in place, reducing stress and legal fees if a separation ever happens.

4. It’s More Common Than Ever

Prenuptial agreements are no longer just for celebrities and the ultra-wealthy. More and more couples, especially Millennials and Gen Z, are choosing prenups to protect business interests, family inheritances, or even personal debt. Given that financial disagreements are one of the top causes of divorce, a prenup helps ensure both partners feel financially secure.

5. It’s a Sign of Respect, Not Distrust

Some people avoid the prenup conversation because they worry it will make their fiancé feel like they don’t trust them. In reality, a prenup is a way to show mutual respect. It means both partners are looking out for each other and ensuring that finances are handled fairly in all scenarios. A strong relationship can handle discussions about the future—including the tough “what if” conversations.

How to Talk About a Prenup Without Ruining the Romance

Bringing up a prenup doesn’t have to be awkward or confrontational. Here are some tips to make the conversation easier:

Choose the right time: Don’t bring it up during a romantic Valentine’s Day dinner. Instead, find a relaxed time when you both can talk openly.
Frame it positively: Explain that a prenup isn’t about planning for divorce—it’s about financial security and fairness for both of you.
Make it a joint decision: Work with a mediator to draft an outline of the provisions for your prenup that is fair and beneficial for both parties.
Be honest about your concerns: Whether it’s student loans, a family business, or protecting future children, be upfront about why a prenup matters to you.

Engaged on Valentine's Day? Start Your Marriage on a Strong Foundation

Marriage is not just about love—it’s also a legal and financial partnership. Having a prenup in place ensures that both partners are entering the marriage with clear expectations and financial security.

If you’re recently engaged and want to explore how a prenup can work for you, Sabra Law Group can help. Call (646) 472-7971 today for a confidential consultation and get the peace of mind you deserve.

Why Smart New York Couples Discuss Prenups Before Marriage

Valentine’s Day is all about romance—flowers, chocolates, and promises of forever. But while love may be the foundation of a great marriage, smart couples know that a strong relationship also requires practical planning. That’s why more and more engaged couples in New York are discussing prenuptial agreements before saying “I do.” Below, let’s discuss why smart New York couples discuss prenups before marriage.

If you’re planning to tie the knot, a prenup may not seem like the most romantic topic, but it’s one of the smartest conversations you can have before marriage. Here’s why talking about a prenuptial agreement isn’t about doubting your love—it’s about protecting your future together.

What is a Prenup and Why Do New York Couples Need One?

A prenuptial agreement, or prenup, is a legally binding contract that outlines how assets, debts, and financial matters will be handled in marriage and in the event of a divorce. While no one enters marriage thinking it will end, life is unpredictable. A prenup ensures that both partners have a clear understanding of their financial rights and responsibilities.

In New York, where property laws and asset division can be complex, a prenup allows couples to make their own decisions about their finances rather than leaving them up to state law.

Why Every New York Couple Should Consider a Prenup

1. Protects Pre-Marriage Assets

If you own property, investments, or a business before marriage, a prenup ensures that those assets remain yours in the event of a divorce. Without one, New York’s equitable distribution laws could divide marital assets in a way that may not align with your original intentions.

2. Safeguards Business Interests

New York is home to many entrepreneurs and business owners. If you own a business, a prenup can protect it from becoming a marital asset, ensuring that your hard work remains yours even if your marriage doesn’t work out.

3. Helps Manage Debt Responsibility

New York is one of the most expensive places to live, and many people enter marriage with student loans, credit card debt, or other financial obligations. A prenup can clarify who is responsible for pre-existing debt and prevent one spouse from taking on the other’s financial burdens.

4. Avoids Costly Divorce Battles

Divorces in New York can be expensive and time-consuming, especially in high-asset cases. A prenup helps minimize conflict by outlining financial agreements in advance, reducing legal fees and emotional stress if a separation occurs.

5. Supports Financial Transparency

Money is one of the leading causes of conflict in marriage. A prenup encourages open and honest conversations about finances before the wedding, setting the stage for a marriage built on trust and mutual understanding.

6. Protects Future Inheritance and Family Wealth

If you expect to receive an inheritance or have family assets you want to keep separate, a prenup can ensure that those assets stay within your family and are not subject to division in a divorce.

How to Have the Prenup Conversation Without Killing the Romance

Bringing up a prenup doesn’t have to be awkward or uncomfortable. Here’s how to discuss it in a way that strengthens your relationship:

Start Early: The best time to discuss a prenup is well before the wedding, not last-minute when emotions are high.
Keep it Positive: Emphasize that a prenup is about protecting both partners, not about planning for divorce.
Be Honest About Your Concerns: Share why you believe a prenup is important—whether it’s about protecting a business, ensuring fairness, or avoiding future disputes.
Make It a Team Effort: Work together with a qualified New York attorney to create a prenup that is fair and beneficial for both of you.

It is Important to Realize That a Prenup is a Sign of Love and Not Distrust

Contrary to popular belief, a prenup doesn’t mean you don’t trust your partner—it means you respect each other enough to plan for the future. It’s a way to make sure your marriage starts with clarity, fairness, and financial security.

If you’re engaged and considering a prenuptial agreement in New York, Sabra Law Group is here to help. We specialize in crafting fair, customized prenups that protect both partners.

Call (646) 472-7971 today for a confidential consultation and take the next step toward a strong and secure marriage.

5 Tips on How to Handle Your Fiancée When You Want a Prenup but They Don’t

You just got engaged and are over the moon excited to spend the rest of your life with the love of your life, but you also have lots of planning to do. Part of the wedding planning process is also having difficult conversations with your spouse about your future together. Let’s say that you want a prenup, but your spouse does not want to get a prenup; as much as you may want to dance around this topic, it is best to communicate openly with your fiancée. A marriage that is built on mutual trust and open communication is always a good thing.

If you are contemplating having the “prenup” conversation with your fiancée because you already know that they are against it; the tips below may be helpful to you.

5 Tips on Navigating the “Prenup” Conversation with Your Fiancée

Acknowledge Their Feelings and Why They Feel the Way They Do: Some people may view a prenup as a lack of trust and it is important to realize it may have nothing to do with you. It may have to do with how they were raised and how their parents’ relationship impacted and shaped them. In this case, it is critical to reassure your fiancée that you do trust them, and this has nothing to do with your love or commitment for them.

Be Able to Communicate Your “Why” for Wanting a Prenup: Just as you should empathize with your fiancée; they should also be able to take your feelings into account. Base your reasoning on facts rather than emotions. If you can present a logical dialogue that can show your fiancée that having a “prenup” in place is meant to benefit both parties and not just you.

Pick the Right Time to Have the “Prenup” Conversation: Know your cues and if your fiancée just had a bad day or came back exhausted after a long business trip, find another day to have that discussion. A day when they are in a good mood and do not have too many other distractions. You can also let them know that you want to discuss some marriage plans, so they are not completely caught off guard. When you do talk, you also want to make sure that you take their feedback into consideration and are empathetic to their feelings.

Pick the Right Place to Have the “Prenup” Conversation: Just as you need to know your cues for the right timing, you will also want to have the conversation in the right place. Talking about a prenup is a serious and sensitive topic. Choosing the right place to have the conversation is also important and it is recommended to choose a place that is neutral – so, it may be on a park bench or at a local diner. It is not recommended to have this conversation at home or at your favorite restaurant. You want to keep those places safe, sacred, and loving. So choose a neutral quiet place where you can both still have privacy but does not have special meaning to the two of you.

Consider Working with a New York Prenup Attorney and Mediator Who Can Help: Sometimes it is easy to let your attorney have difficult conversations with your fiancée, and they may be able to address their concerns and come to a resolution that works for both of you.

Compromising is Key: Marriage is all about give and take, so be prepared to compromise with your future spouse. You may not agree 100% on everything but if you can meet halfway, it may allow you to move forward in the “prenup” process.

Consult a New York Prenup Lawyer if You Need Help with a Prenup

Contact Sabra Law Group today to speak to an experienced New York prenup lawyer and mediation attorney who can provide you with the legal guidance you need. Call today at (646) 472-7971.

A New York Prenup Lawyer Shares Why More Middle-Class People Are Getting Prenups

Prenups are no longer just for high net-worth individuals and Hollywood celebrities. People are coming to the realization that a marriage may not always be “happily ever after.” This is why New Yorkers are getting more serious about protecting their future. The reality is that no one wants to think about getting divorced when they are getting married, however; it is important to be prepared “just in case” things don’t go as planned. Prenuptial agreements are becoming more mainstream because people are understanding the importance of protecting their future. Whether they want to protect their beloved pet, the family business, their assets, their children, or their family inheritance. If you are confused about if a prenup is right for your personal situation, it is best to consult a New York prenup lawyer who can guide you based on your unique situation.

What is a Prenuptial Agreement and What Should it Include?

A prenuptial agreement (aka a prenup) is a legally binding document that a couple signs prior to getting married that dictates how they will divide their assets, debts, real estate properties, and even pets, in the event of a divorce.

A prenup agreement should include both assets and debts that each person is bringing into the marriage. The prenup agreement should outline how certain assets and debts should be divided up if the couple ends up divorcing.

A knowledgeable New York prenuptial agreement lawyer can guide you on how to best set up a prenup agreement based on what factors are most important to you. Your prenup attorney can also inform you of any change in New York laws that may impact you.

New York Millennials and Middle-Class Couples Are Safeguarding Their Future

More and more millennials are opting for getting a prenup agreement before saying there are vows. These millennials may be middle-class or upper-middle-class professionals and entrepreneurs and they are concerned with not losing everything they have worked so hard to build up. Because they were not born into a wealthy family, they want to make sure that they protect themselves and their assets in case their marriage must end unexpectedly.

Prenups are not only there to protect the wealthy spouse, but they are also there to protect the less well-off spouse as well. What goes into your prenuptial agreement and how it is outlined is imperative to having a solid prenup agreement. A knowledgeable New York prenup attorney can help you determine what needs to go in a prenup agreement to protect you and your future.

Once You Decide You Want a Prenup How Do You Have That Talk with Your Future Spouse

The best way to approach your spouse about a prenup agreement is to ask them first what their thoughts are about financial matters related to being married. Then you can open the conversation by further asking if they have any concerns about their financial future if the marriage were to end. By having an open and honest discussion with your future spouse you can see where their head is at, and you can also let them know how you're feeling. After all, a marriage is a partnership, and you should be able to speak to your partner openly about getting a prenup agreement. Ultimately, it shows that you are looking out for both of your interests.

Why You Should be Completely Honest and Open About Your Assets and Liabilities

If you fail to disclose the details of your total assets and liabilities it can later be used against you in court. It is best to be upfront with your New York prenup attorney so that they can help you structure a prenup agreement that is best designed to protect you and your spouse.

Wondering if a Prenup is Right for You?

Contact Sabra Law Group today at (646) 472-7971 to schedule a private and confidential consultation with a New York prenup lawyer and safeguard your future.

How to Protect Your Future as a Married Couple in New York with a Prenup

As a New York prenup attorney, I have seen people fall in and out of love. Some people associate prenups with a negative connotation and think that it reflects a lack trust or love. However, the reality is that a prenup can be a token of love and commitment to protecting each other in the future. It is a terrific planning tool and the discussions that emerge during the creation of prenup terms serves to strengthen the relationship.

Why Prenuptial Agreements Are an Important Part of Getting Married

A prenup agreement is a legally binding contract that dictates how assets and property will be divided and distributed in the event of a future breakup. A prenup agreement all of the financial matters in a marital relationship which can include (or exclude) real estate and investment property, savings, investments, businesses, and debts.

Believing that Prenups Are “Just for the Wealthy” is a Myth

Prenups are no longer just for the wealthy, and couples from all income levels can reap the benefits of having a prenup in place, just in case. A prenup can also help a spouse ensure that their family business remains in their family. On the other hand, it can also protect a spouse from the enormous debt their partner may have acquired over time. They can be beneficial for couples of all income levels and in the event this is a second or third marriage for either partner and where there are children from prior relationships. A prenuptial agreement is a viable way to protect your credit and your future financial health.

Prenups Can Help Couples Avoid a Long-Drawn-Out Costly Divorce

One of the reasons a divorce ends up in court and can take years of litigation is because the couple is battling over assets, property, savings accounts, businesses and other investments. Not only is this a long process but it can also take an emotional and financial toll on all involved. When a couple has a prenup in place which effectively and clearly addresses how assets, property, and investments will be divided between them; it will settle those issues between them and expedite the divorce process. Divorce doesn’t have to be emotionally and financially draining; consider a prenup as “insurance” for your marriage.

Consider a Prenup as a Symbol of Love and Commitment to Your Partner

By openly communicating about protecting each other’s financial future and discussing your commitment to each other, it can also serve to bond and strengthen your relationship.

You Can Have Your New York Prenup Attorney Modify Your Prenup as Your Life Situation Changes

Once you have been married for many years, you may need to adjust your prenup based on your financial situation and other factors that may impact your original prenup agreement. This will allow your prenup to remain relevant and ensure that it meets your needs for the long-term.

Consider a Prenup Agreement if You Are Getting Married or Recently Engaged

A prenup can help you avoid a lengthy and expensive divorce process and protect your assets. It also enables you to symbolize your love and commitment to each other. If you want more information about creating a prenup agreement, call Sabra Law Group to speak to a New York Prenup lawyer at (646) 472-7971.

Why You Might Want to Consider a Prenuptial Agreement if You’re Getting Remarried

Everyone deserves to find love and be happy! If you are lucky enough to find the love of your life after previously being divorced, you should be open to getting remarried but you might be more cognizant of protecting your assets and your future.

Maybe you didn’t have or consider a prenup agreement the first time around and your marriage ended; was it a smooth divorce or was there conflict over assets and finances?

Consider a Prenup Agreement as Your “Just in Case Insurance Policy”

When people get married, they obviously want and envision a happily ever after, but it does not always work out that way. Some fairy tales end in a long-winded, expensive court battle. This can be avoided with a prenuptial agreement. A prenup agreement is like an “insurance policy” it's a just-in-case if things don’t go as planned.

What is a Prenuptial Agreement?

A prenup is an agreement between two people who are getting married that defines what property is marital and what property is considered premarital, or off-limits, in the event of a breakup. A prenuptial agreement is similar to a partnership agreement when two people decide to go into business together. The prenuptial agreement can also protect the assets of both parties from property settlement claims from the other person if they end up divorcing.

Reasons to Consider a Prenuptial Agreement

The advantage of having a prenup agreement is that there is a clear course of action regarding how property, assets, debts, and even pets will be handled if the marriage were to end.

It is also a good idea to consider a prenup if one spouse makes a lot more money than the other, or it is anticipated there may be a future inheritance that you want to protect.

Statistics have shown that the divorce rate for second and third marriages is around 60% to 70% versus 45% to 50% for first-time married couples (source: United States Census Bureau); therefore, a prenuptial agreement may not be a bad idea.

Even if you're not sure if a prenup is right for your relationship it is important to sit down prior to marriage and discuss finances and how matters will be handled during the marriage, as well as consideration in the event the marriage were to end. It is critical to have a clear understanding of what the expectations are of each spouse.

Another advantage of having a prenup agreement is that it can give each person in the relationship a sense of security before “tying the knot.”

A prenup may also be a good idea if there is a huge age gap between each partner. If one partner is a lot older, the younger partner needs to consider what will happen to them and their well-being if their partner were to pass away and how they would be taken care of. That consideration is true even if the couple decides not to enter into a prenuptial agreement.

One Important Consideration

The subject of having a prenup agreement must be discussed between both parties and they both must agree to sign a prenup; otherwise, there can be tension in the relationship.

Consider a Prenup Agreement if You Are Getting Remarried

Contact Sabra Law Group to learn if a prenup agreement is right for your remarriage. Call today at (646) 472-7971.

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