Readers may have read about prenuptial agreements, which some commentators might credit with improving a couple’s chances of staying together. The terms of that contract are limited only by the bounds of the couple’s creativity and the law. For example, couples might address issues like preexisting financies and security holdings, contingencies regarding future children and attendant child support issues, and a blueprint for dividing the marital estate in the event of a divorce.
Cohabitation before marriage may create property division issues
As New York readers may know, property acquired before the marriage is generally not considered part of the marital estate -- even if both spouses contributed to the property’s purchase.
