This Postnuptial Property Agreement is made with the intent to define and specify the respective and collective rights of the parties in the separate and joint property of the parties. The parties acknowledge that they were represented by counsel during the negotiations of the agreement and the legal consequences of the agreement have been fully explained.
Post Nuptial Agreement New York Format
State:
New York
Control #:
NY-01713-AZ
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Postnuptial agreements in New York commonly cost between $5,000 and $15,000, depending on the unique circumstances. Some factors that affect the cost include the complexity of the terms and the time needed to negotiate and draft the agreement.
Are Postnuptial Agreements Enforceable in New York? Yes, postnuptial agreements are generally enforceable. However, they must be executed in a manner that is consistent with state law. For example, the agreement must be in writing and must be signed by both parties.
Many couples assume they must hire a divorce lawyer to draw up a postnup, but this isn't necessarily true. If you and your spouse are on good terms and can communicate openly about your finances, you may be able to create the agreement yourselves.
Separate attorneys ? you and your spouse should have separate attorneys if you are going to enter into a postnuptial agreement. If you do not have separate attorneys, the court will look at your postnuptial agreement more closely for unfairness and may not enforce the postnuptial agreement.