No one walks down the aisle on his or her wedding day while thinking about getting divorced later on — at least, one hopes no one does. Still, everyone has seen the statistics and knows that many marriages end in divorce. It makes sense for people who are getting married to take precautions for the possibility that their marriage will be one of them.
Prenuptial agreements are a way of preparing for that possibility by making important decisions in advance. This can save a lot of time, money and frustration in the event of a divorce later on. Some people who develop a prenuptial agreement even feel that it strengthens their relationship, because it requires both parties to go into their marriage with their eyes open about their finances and expectations.
At the Law Offices of Kristine M. Demo-Vazquez, P.C., our skilled attorney has extensive experience in divorce and family law and has helped many clients in the Rochester area with highly complex cases. She knows the issues that are hardest to settle in any divorce, and she helps clients develop premarital contracts that can sidestep those issues or make them easier to resolve.
Decide Property Division In Advance
When a marriage ends in New York, the parties must divide their property in a way that meets standards of fairness under state law. The soon-to-be ex-spouses must list all their assets, sort out the personal property from the marital property and decide how to divide it between them — often at a time when they aren’t getting along with each other.
This is known as the process of property division, and it is often the most technically difficult part of any divorce. A prenuptial agreement makes it much easier by allowing the parties to make many decisions about their property in advance.
State law has many formalities and requirements that must be satisfied before it will enforce a prenuptial agreement. It is crucial to have the help of a skilled lawyer when making these agreements.