Why Do Couples Get A Prenup?

A prenuptial agreement or a premarital agreement is contract that you and your future spouse enter into together. Prenuptial agreements address financial issues ranging from everyday savings and spending plans to long term savings and retirement plans. Couples can also include clauses that are specific to their own situation such as business ownership, inheritances and even plans for personal property in the event of divorce.

In most states, including New York, there is no specific timeline required for preparation and execution of a prenuptial agreement. Preparing your agreement earlier (ideally at least two months before the wedding) rather than later will take a lot of pressure out of the process for both of you and allow you to enjoy your engagement and focus on wedding plans.

After your prenuptial agreement is prepared by NYC Prenup, we advise that it is signed and notarized by a notary in New York. By having your agreement notarized, you are both giving proof of your identity and showing that you both are signing the agreement out of your own free will and not under duress.

There is no process of recording a prenuptial agreement. After properly signing your prenup, it is advised that you treat the original in the same manner as any official document by storing it in a fireproof safe or safety deposit box. Be sure to make several copies for your convenience.

After your prenuptial agreement is prepared by NYC Prenup, we advise that it is signed and notarized by a notary in New York. By having your agreement notarized, you are both giving proof of your identity and showing that you both are signing the agreement out of your own free will and not under duress.

It is not necessary for you to both have your own attorney, but you both need the opportunity to see an attorney if you desire. So if either of you have any concerns about the terms of your prenup, you should each consult with your own lawyer so that you are freely entering into the agreement and completely understand the implications of your prenuptial agreement.

There is no specific financial formula that your prenup must follow; however, the terms of the agreement must be considered fair to both parties and cannot be considered unconscionable to either party.

A prenuptial agreement is still a good idea. You may accumulate assets during the marriage. New York laws change and judges vary. Prenuptial Agreements allow you and your spouse to choose how to divide assets and debts in the unlikely event of divorce.

Yes. It is essential that both you and your spouse have full disclosure of your respective financial situations.

Yes. As long as both you and your spouse agree, changes can be made. Any changes would need to be in writing and signed by both of you.

Prenuptial agreements are for couples who intend to get married (if permitted by state law) while cohabitation agreements are for couples (either heterosexual or same-sex) who intend to live together. We provide both types of agreements.

Prenuptial agreements are signed by couples before marriage. Postnuptial agreements are signed by couples after the date of marriage. We provide both types of agreements.

It depends on your location in New York and the particular lawyer, but the average cost is $3,500-$5,000. At NYC Prenup our most common service is $799.

Yes. In the event you go thru a divorce, you avoid a judge deciding your property division and court proceedings are limited. Divorce attorneys typically charge between $250 and $500 per hour.

Once we receive your payment and all necessary information, we guarantee the document will be delivered to you within 48 hours.

Feel free to contact us via email at prenup@nycprenup or phone at (855) 295-6800. Our staff is happy to answer any questions.

No. Prenuptial agreements are not just for the wealthy. Preserving assets and avoiding debts are important for all people.