How Does a Prenuptial Agreement Start Your Marriage Off In the Right Way?


Prenuptial agreements have a lot of stigma surrounding them because of the underlying assumption that asking for one means one or both parties are planning for divorce.  This is not always true, as more couples are using prenuptial agreements to clarify concerns and reduce the opportunity for confusion in the future. 

Using a prenuptial agreement in New York allows you to start your marriage off on the right foot, by ensuring that both parties are on the same page about finance and money.  Issues like sharing assets, expectations that both parties have, child planning, inheritances, and clear parameters about who is entitled to what are all part of a bigger conversation about money and planning that is valuable for all newlyweds.  And, if either party has children from a prior relationship, has been previously married or anticipates a substantial increase in income in the future, these are life circumstances that may necessitate discussion and consideration of a prenuptial or ante-nuptial agreement. 

Money is one of the leading causes for couples to argue with one another that leads to divorce. So having conversations about money, income, finances, investments and financial considerations for the future and getting clear about them before you are married is essential.  These conversations might feel uncomfortable temporarily, but they will become easier over time.  Getting comfortable talking about money now, prior to marriage, will make those conversations easier when money issues arise after marriage since you will already have a healthy way to discuss them together.  Having money conversations now could reveal some opportunities where you and your spouse may need to work on some issues and clarify seemingly small issues that could otherwise develop into big arguments down the road. 

Do not fall for the myth that prenuptial agreements are only for couples where one party is entering the marriage with significantly more wealth.  This agreement is kind of like an insurance policy, a helpful planning tool that enables you to enter the marriage with more clearly defined arrangements and expectations with regard to money, finances and lifestyle. 

Sabra Sasson, Esq is a New York attorney who has been drafting prenuptial agreements for many couples, helping them to understand their current finances and get clear about the future they intend to create with their soon-to-be spouse.  Contact our office at 646-472-7971 to speak with an attorney at the Firm.

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