Common Myths About Prenuptial Agreements in New York
Before signing any legal document, it is important to do your research and speak with an experienced attorney. This is especially true when it comes to prenuptial agreements, as there are a lot of misconceptions surrounding prenups. Read on to learn more about some of the most common myths about prenuptial agreements and what you need to know before signing.
Prenuptial agreements can be a source of tension for many couples. But, knowing more about prenups can help ease your mind. Some of the most common myths include:
You can be Forced to Sign a Prenuptial Agreement
Couples don’t always agree when it comes to signing prenuptial agreements. In some cases, one spouse may worry that he or she will be forced to sign a prenuptial agreement. In order for a prenup to be considered valid, it must:
- Be in writing
- Be executed voluntarily
- Include full disclosure at the time of the execution
- Be fair and just
- Be executed by both parties before a notary
Because a prenuptial agreement must be executed voluntarily, you cannot be forced or coerced into signing a prenuptial agreement.
A prenuptial agreement can negatively impact a marriage
A prenuptial agreement is a document that is signed and created before a marriage. The document declares how a couple’s assets will be split in the event that the marriage comes to an end. Some people worry about creating a document that deals with divorce before the wedding even occurs. But, prenuptial agreements can benefit a marriage in a number of ways. For example, a prenup allows both parties to enter their new union feeling protected. Additionally, signing a prenup can stimulate important conversations about the future and your finances, helping couples ensure that they are on the same page before the marriage.
You don’t need a prenup unless you’re wealthy
This is not true. Anyone who has any assets they wish to protect can benefit from creating a prenuptial agreement.
If you have any questions or concerns regarding prenuptial agreements, reach out to our firm today. We are here to walk you through the process every step of the way. Contact us to speak with an experienced and knowledgeable family law attorney.
Contact our experienced Nassau County firm
The Pollack Law Firm, P.C., rated Nassau County’s “BEST” divorce lawyers and proudly serving clients in Nassau and Suffolk County for more than 22 years, is always available to assist and represent parties in divorce, separation and all other matrimonial and family law matters. Contact us online or call today to schedule your complimentary case analysis: (516) 342-3575.