There was a time when prenuptial agreements were the domain of celebrities or the wealthy. Times have changed, and prenuptial agreements are now common for couples of all ages anticipating marriage.
Defined under Domestic Relations Law 236 (B) (3), a prenuptial agreement is a legal contract describing ownership and disposition of assets if a marriage ends. The agreement also characterizes terms of spousal maintenance, child custody, and support, and other issues of importance.
While some people view prenuptial agreements as plans for divorce, the truth is that no one plans on divorce. People marrying today know the risk of divorce is high. Working through the hard questions and decisions posed by a prenuptial agreement gives my clients a ringside seat to the style and commitment of their partner in handling marriage issues and disputes in years to come.
Five good reasons to prepare a prenuptial agreement include:
Preparation of a prenuptial agreement should begin before the wedding arrangements. Presenting an agreement to a fiancée a few weeks before a wedding is a good reason to be left at the altar.
Divorce is a big risk of marriage. Discussing that risk and facing the realities of how a marriage should end is as important as the euphoria and wedding plans at the beginning.
As a Buffalo divorce lawyer for 28 years, I have devoted myself to solving the problems that affect families throughout the Buffalo metropolitan area and Western New York. As a family law attorney, I make it my goal to create a partnership of trust with my clients. People put their trust in me to handle cases that can potentially have a long-lasting impact on not only their lives, but the lives of their family as well.
Alexandra M. Rockwood is an Associate Attorney with the Law Offices of Randy S. Margulis & Associates and has been with the firm since early 2020. She practices primarily in the areas of matrimonial and family law. Ms. Rockwood graduated magna cum laude from SUNY Geneseo with a degree in History and minors in Political…