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Breaking Up Is Hard to Do

New York Family Law Blog

Proposed rule could allow adoption groups to deny LGBT families

In 2016, the previous presidential administration instituted an anti-discrimination regulation that included gender identity and sexual orientation as protected classes. This made it illegal for adoption agencies and foster care organizations anywhere in the United States, including New York, to deny services to individuals or couples on these bases and still receive federal funding.

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What can a prenuptial agreement protect?

Individuals in New York who actively purchase stocks, bonds and other equities may protect their ownership rights through a well-written prenuptial agreement. Getting married does not automatically entitle a future spouse to dip into your portfolio; assets traded during your marriage, however, may otherwise be considered marital property.

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Are postnups a binding agreement?

ostnuptial agreements are similar to prenuptial agreements. Most partners choose to divide property and set forth the rights to property in case of a divorce before the marriage occurs. Often, this is because the partners do not realize that postnups are a binding agreement in the state of New York.

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Why should I get a prenup?

Prenuptial agreements used to be absolute anathema. Plus, back in the day where the man was typically the main breadwinner and the woman stayed at home, it was far less likely for a prenuptial agreement to really benefit anybody. However, particularly if you are a Millennial, you may find it is worthwhile to consider a prenuptial agreement.

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How can a prenuptial agreement protect your property?

When getting married in New York, you don’t want to imagine that things could end, and especially not on unpleasant terms. However, it is simply a matter of practicality to protect your property in case the worst-case scenario does happen, especially if you possess a great deal of wealth or assets.

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When can a prenuptial agreement be challenged?

A good prenuptial agreement can protect your assets in the event of a divorce; however, it is important to realize that there are certain circumstances where a prenuptial agreement may be dismissed by the courts. With this being the case, it is vital to understand how New York courts enforce prenuptial agreements.

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