Buffalo Prenuptial Lawyers Draft Enforceable Agreements 

New York attorneys help spouses protect their assets 

Prenuptial agreements, once the province of the wealthy, are now common practice for couples of all levels of income and resources. These agreements can provide peace of mind that your interests and assets will be protected in the event of divorce or spousal death. At the Law Offices of Randy S. Margulis, we help people throughout the Buffalo metropolitan area establish enforceable marital agreements that thoroughly meet their goals. 

Why should I consider getting a prenuptial agreement? 

Whether a prenup may be beneficial to you depends on your unique circumstances and that of your future spouse. Here are ways that getting a prenuptial agreement can be advantageous: 

• You have loved ones you wish to protect financially— If you have children from a prior relationship, a prenup can preserve assets for them in the event of divorce or your death. 
• You have a home, stock or retirement funds that you acquired before marriage — In divorce proceedings, property is divided into separate and marital property. A prenuptial agreement can define what assets are considered separate property and protect them from being divided.
• You own all or part of a business — Prenuptial agreements can help you protect your ownership share in business ventures upon divorce. In addition, if you own a family business, these agreements can help your family retain control of the business in the event of your death.
• You are considerably wealthier than your spouse — Prenuptial agreements can help you protect yourself from people with financial motivations for entering into marriage. Appearances are sometimes deceiving, and entering into a prenup can put these concerns to rest.

Getting a prenup does not mean you expect to divorce. Rather, it can help you memorialize the trust and honesty you have with your partner and protect yourself in the event that life does not go as planned. Once we familiarize ourselves with your situation and goals, we can advise you about preparing an agreement for your particular circumstances. 

What is a post-nuptial agreement and when should I get one? 

A post-nuptial agreement is a contract entered into during marriage that provides many of the same types of protections as prenups. Potential reasons for getting a postnup could include the following:

• You did not get a prenup and now want to protect yourself. 
• Your financial situation has changed and there are new assets you want to safeguard.
• You have started a business during the marriage and want to establish it as separate property.
• Your spouse has run up a large amount of debt and you want it clarified that it is theirs alone in case of divorce.
• Your marriage has become unstable and you want your assets or family members financially protected should you divorce. 

We can answer your questions about whether a postnuptial agreement is right for you. 

Contact our Buffalo law firm for help with a prenup or postnup

Our attorneys at the Law Offices of Randy S. Margulis in Buffalo will advise you on establishing a prenup or postnuptial agreement to protect your assets should you divorce in New York. Call 716-886-9600 or contact us online to arrange a consultation with an experienced family law attorney.