Marital Agreements

There are a few different names for a marital agreement, some of them include the stipulation of settlement, marital separation agreement, and divorce settlement agreement. These are just some of the names and areas where the New York City divorce agreement lawyers at the Law Office of Yelena Sharova P.C. have a vast knowledge of and a plethora of experience.

The stipulation of settlement or marital separation agreement is a contract that you and your future ex-spouse submit on how the property will be distributed. If there is any marital property you will need to move into a marital settlement agreement.

Different marital agreements are a good way to preserve your property and protect your and your partner’s rights at every stage of your marriage. No matter if it is your wish to file a marital agreement, or your partner asked you to sign it, properly chosen family lawyer can explain you all the details of it, including your obligations and possible rights, to assure you understand what you do and have your rights and interests protected.

LEGAL ADVICE FROM NEW YORK MARITAL AGREEMENT LAWYER

You and your partner should understand, that a marital agreement is not a symptom of mistrust. It is just one more way to relieve stressful situations around shared property or responsibilities. Such marital agreements simply mean one of the spouses will not be responsible for another spouse’s business, or that one of them does not have a liability to pay another’s debts.

If you are going to make such agreement and you have any questions about it, contact the marital agreement lawyer at the Law Office of Yelena Sharova P.C. Our New York family law attorney will work deeply with your personal situation and find out the proper direction for your actions.

Around half of all couples nowadays end with divorce or separation. That is why signing marital agreements become more common. Of course, it is necessary to look optimistically on your marriage and shared future, but it is also very important to have an alternate option if your couple will unfortunately fail.

Marital agreements often provide for one-sided assets distribution, which may look biased from the point of view of equitable distribution. If both spouses honestly disclosed their financial situation to each other before signing a marital agreement and sign it consciously and on their free will, it is enforced by the New York state law.

Another issue that is usually included in the marital agreement is spousal support. The future spouses often agree about possible future spousal support amount before they get married. In some occasions, when a marital agreement is considered as biased, the divorce court may change the proportions of alimonies, although all other issues of the agreement will stay the same.

Child custody and visitation rights are not common topics to be managed by a marital agreement, however, if you want to do it this way you can ask your marital agreements lawyer to help you with that.

WHO NEEDS MARITAL AGREEMENT AND WHY?

Marital or prenuptial agreements are often used when at least one of parties takes the substantial property into a marriage, so it is evidently clear he or she wants to preserve his or her assets from the risk of equitable distribution in the case of divorce.

Domestic partnership agreements can also help to measure all commitments and possibilities of the partners who live together but are not going to marry. The properly made agreement protects both sides’interests, financial as well as emotional.

The types of property that the marital agreement deals with include but are not limited to:

♦ Real property or an interest in a real property, which can be a co-op, vacation home, investment property, or a primary residence;

♦ It can be investments such as stocks, IRAs, bonds, or Pension Fund;

♦ Bank accounts that are jointly held;

♦ Marital liabilities such as bank loans, car loans, mortgages, or credit card debt.

Most times individuals use a marital settlement agreement or a divorce agreement when they are doing an uncontested divorce. The New York City marital agreement lawyers at Sharova P.C. are experts at doing complex valuations to make sure things are fair to you. They also understand how to keep the lines of communication open with the other party’s counsel and not let things spiral into a full blown “ego fight” or “blame game”.

Some benefits of having a marital separation agreement are that it keeps the cost of using New York marital agreement lawyers to a minimum. Also, the use of having these marital settlement agreements keeps the court getting involved and dividing your property equitably. This allows you to retain control over your own property during and after the divorce.

NYC MARITAL AGREEMENTS ATTORNEY FOR YOUR SAFETY

If you or someone you know is contemplating a divorce and you want to keep the courts out of the situation, contact the martial settlement agreement lawyers at the Law Office of Yelena Sharova P.C. They understand that having the courts involved doing an equitable distribution does not mean that things will be split evenly, the courts only look at what they consider to be fair. Do not leave the hard earned property you worked for in the power of the courts. Contact the Law Office of Yelena Sharova P.C. today! They will gladly give you a confidential consultation to help you become aware of your options so you can make the best decision.