Wedding season is just around the corner, which is a good time to reconsider pre-nups. What are the origins of these agreements and why can they be so tricky for attorneys to negotiate? David I. Faust, partner at Gallet Dreyer & Berkey, explores the legal basis for pre-nups and cohabitation agreements and that, far from being cynical, they’re a healthy way to build a solid foundation for a successful relationship.
April 30, 2024 at 10:00 AM
9 minute read
In New York, marriage has been characterized as an economic partnership. O’Brien v. O’Brien 66 N.Y.2d 576 (1985). Yet, how many grooms get down on bended knee to ask their intended: “Will you become my economic partner?”
The essence of both a marriage and an “economic partnership” is, or should be, an agreement by which two people enter into a defined relationship by knowingly agreeing to enumerated rights and obligations.
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