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The prenuptial agreement — not a romantic move, but it is smart

Asking someone for his or her hand in marriage is an exciting thing. Asking him or her to sign a marital contract, on the other hand, is far from exciting or romantic. However, getting a prenuptial agreement is a smart move. It is okay for individuals in New York or elsewhere to want to protect their assets in the event of divorce. No one knows what the future holds.

There are many people who believe that seeking a prenuptial agreement takes away from the joy of getting married. Who wants to plan for divorce at the same time they are planning a wedding? No one.

The simple truth is, despite even the best of intentions, numerous marriages — approximately 50 percent — end in divorce. The divorce rate among those married for the second or third time is even higher. A prenuptial agreement can help ensure that both parties, in the event of divorce, are taken care of and that any personal assets are appropriately protected.

A prenuptial agreement can be highly detailed or simply give a basic outline for what one wants in the event of divorce. It can include information about how assets are to be divided, what assets are deemed separate property, define inheritance issues and address a host of other issues. Those in New York or elsewhere who are interested in marital contracts can seek the assistance of a family law attorney. With help, a prenuptial agreement can be created that fits a couple’s unique needs and wants.

Source: thestreet.com, “6 Reasons to Put Aside Sentimentality and Get a Prenuptial Agreement”, John Persinos, April 9, 2016

Important Information

COVID-19 (Novel Corona Virus)  Update 3-20-2020

By order of Governor Andrew Cuomo, beginning 3-22-2020, all non-essential business in New York state must close their physical offices in response to the rapid rate of positive reported cases of COVID-19 in New York State.

Although this will impact the in office and in person services that LIT can provide, we will still be working remotely from our homes to serve our existing clients and we will continue to serve the public on a remote basis with any new legal matters for which they may need assistance.

We as a nation have overcome great obstacles in the past and although the challenges that lie ahead of us as community, as a state, and as a nation are great, we will overcome them as our resilience as individuals, as a community and as a nation will allow us to prevail.

May all of you and your loved ones be safe and well .

Larkin, Ingrassia & Tepermayster, LLP

Should you have any questions please feel free to contact us at 845-566-5345

For more information regarding the COVID-19 virus please visit any of the following sites:

Centers for Disease Control and Prevention

NYS Department of Health

Orange County Dept. of Health

Ulster County Dept. of Health

For information and updates regarding court postponements or closings please visit:

NYS Unified Court System

9th Judicial District

3rd Judicial District