New York Premarital Agreements Package

State:
New York
Control #:
NY-P035-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.


These forms are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.


Included in your package are the following forms:



1. Prenuptial Premarital Agreement without Financial Statements;

2. Amendment to Prenuptial or Premarital Agreement;

3. Financial Statements only in Connection with Prenuptial Premarital Agreement;

4. Revocation of Premarital or Prenuptial Agreement

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Premarital Agreement

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FAQ

HOW MUCH WILL THIS COST? An attorney will charge you by the hour for drafting a prenup, and the total cost varies widely. According to Ann-Margaret Carrozza, an estate-planning attorney in New York, If your finances are straightforward, you can expect to pay between $1,200 and $2,400 total.

In New York, a prenuptial agreement is made before marriage and will take effect as soon as the couple marries. Prenuptial agreements must be in writing and signed by both future spouses before a notary public. The court won't accept an oral antenuptial agreement or an unsigned agreement.

Typically, prenups cost around $2,500, but can cost more if you spend a while haggling out various issues. The cost of a prenup depends on where you live, what you're protecting, who your attorney is, and how long the negotiations take.

Prenups Ruin the Specialness of a Marriage It's a fact of life that money can create huge conflict. Many families witness this during inheritance disputes, which can lead to unfixable grudges.In fact, prenups themselves can cause such confrontation that they can even lead to separation before the marriage.

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New York Premarital Agreements Package