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Category Archives: Prenuptial Agreement

Read more on the complicated issues related to drafting prenuptial agreements that Alatsas Law Firm believes are pertinent to anyone considering or already in the process of drafting a pre-nup.

Seniors Should Be Mindful Before Marrying

When people marry for the second time (or more), losing assets to pay for their new spouse’s serious illness is probably the last thing on their minds when they say “I do.” But that could happen. Current costs for long-term care facilities can run between $70,000 – $150,000 annually. Studies show that 70% of Americans […]

Prenups Are Not Just for the Wealthy

George and Ginny had a great marriage, with an extended family to whom they wanted to leave everything when they passed. Unfortunately, Ginny was then diagnosed with cancer. She began to worry: What could happen if she died before George did, and George remarried? Or vice versa? What if the second spouse started pushing to […]

Do I Need a Prenuptial Agreement?

There are many misconceptions about prenuptial agreements, but contrary to what some people believe, a prenuptial agreement does not mean that you don’t truly love your spouse or that you’re not committed. What it does mean, however, is that you are taking an extra precaution to help protect assets or determine how they are distributed […]

Why Get a Prenup? Millennials and Marriage

Prenuptial agreements were rare a few decades ago. They were used mainly by rich people who did not want to lose everything in a divorce. That has changed in the past few years. Millennials are taking advantage of these handy agreements, regardless of their wealth or income. Prenuptial agreement use has increased fivefold in the […]

What is Cohabitation?

With the divorce rate still hovering at around 50%, marriage comes with a lot of uncertainty. Even couples married for decades are divorcing at rates reaching all-time highs. A divorce is costly, time-consuming and stressful. Why not just live together with your partner, without getting married? Many couples are going this route nowadays. They are […]

How to Discuss Signing a Prenuptial Agreement with your Partner

If you are currently engaged, you might be thinking about how to bring up a prenup with your partner. A prenuptial agreement is a document you can sign before your marriage that outlines how your assets will be divided in the event of your divorce or one partner’s death. It can also provide guidelines for […]

Content of Pre-Nuptial Agreements

It would seem it’s the most feared document in a marriage, and often viewed as a sanction to the cost of infidelity. The opposite is true. Pre-nuptial agreements, otherwise referred to as prenup, are a statement of how financial assets will be divided in the event of a divorce. It is usually a prudent choice […]

Prenuptial Agreement Process in New York

Marriage is more than a couple making vows to love each other for the rest of their lives. It is a contract that merges the assets and responsibilities of two people. Increasingly, this reality hits people when they are considering marriage. In order to protect assets and keep finances clear, many couples choose to sign […]