Legal Question in Family Law in New York
When I married in July 2009,no prenuptial agreement was signed. My husband has his own business. Can he sign over his business to his son even though we are now married in the state of New York?
Asked on 4/18/10, 1:29 pm
2 Answers from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Generally, the answer is yes.
Mike.
Answered on 4/23/10, 2:05 pm
Debra Palazzo
Law Offices of Debra Palazzo, LLC
If the husband owned the business before you were married it is considered his separate property. However, you may be enitled to share in the appreciation of that business if you participated, contributed, etc.
Answered on 4/24/10, 9:47 pm
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