New York Family Law Blog

If you are approaching or in the midst of a divorce, you know how hard it can be to figure out how to split assets with your spouse. At this time, it is essential that you seek a divorce agreement that protects your financial future and the financial future of your children as well.

Prenuptial agreements help couples determine what will happen to the parties’ assets in the event of a divorce or a spouse’s death. According to an article in Business Insider, there is an increase in the number of prenup agreement requests among Millennials. Unfortunately, some couples are so excited about the marriage that they make decisions such as signing prenups without giving it much thought. 

If you are a same-sex couple going through a divorce with children, you may have questions about who has custody or visitation rights. The fear that you may not be able to see your children as a nonbiological parent is a real concern that many same-sex couples deal with during separation or divorce.

In New York, prenuptial agreements between spouses are common. This is a great way to protect your assets and wealth. However, postnuptial agreements may also be an option for you. 

A New York resident seeking to get married probably does not want to marry the debt carried by a new partner. Some people worry that if they divorce a spouse with debt, they will be on the hook for some of that debt as well. Still, in the event a person does marry a spouse who is carrying debt, the couple can still address the issue with a postnuptial agreement.

If you are a New York resident in a second or third marriage, revisiting your estate strategy may be beneficial. Unlike most first marriages, subsequent unions may include significant asset accumulation. At Adria S. Hillman, Attorney at Law, P.C., we often help clients protect their assets in the even their union ends.