Postnuptial agreements have become increasingly common among married couples who want clarity and predictability in their financial lives. These agreements address the same issues as prenups, such as property division, spousal support and financial rights during and after the marriage. But while both types of contracts are enforceable, postnuptial agreements are examined far more closely by New York courts. Understanding this can help couples give these agreements with the extra care they require.
Because spouses owe each other a fiduciary duty, New York courts view postnuptial agreements more cautiously than prenups. Before marriage, both parties are free agents who can walk away from the engagement. But once a couple is married, the balance of power can shift. One spouse may be financially dependent on the other. Thus, the court makes sure the agreement was truly voluntary, that both parties had full financial disclosure and that the terms are fundamentally fair.
New York courts evaluate postnuptial agreements for several key factors:
Despite the heightened scrutiny, postnuptial agreements can be valuable tools. They allow couples to clarify financial expectations, protect separate assets, address changes in circumstances or create stability during uncertain times. When drafted properly — with transparency, fairness and independent counsel — they can make divorces far less contentious and expensive. An attorney experienced with prenuptial and postnuptial agreements can help ensure that yours is both fair and enforceable.
The attorneys at the Law Offices of Randy S. Margulis in Buffalo will advise you on establishing a postnuptial agreement to protect your assets should you divorce in New York. Call 716-886-9600 or contact us online to arrange a consultation.