Reference no: EM133582806

This is the second marriage for both, which leads us to the second task. The couple have a premarital agreement which states that Precision Tool, Inc., belongs solely to John Green and is not subject to division in a divorce. John owned the business before the marriage. Since their marriage, the business has expanded significantly, including a new facility which was partially financed using the couple's savings and a second mortgage on the Charles Avenue property. Mary has also provided services there such as working on financial statements and other office tasks. I would like you to research premarital agreements in New York State and provide a memo to me stating what the requirements are for a valid premarital agreement in New York State, both at the time the agreement is made and at the time of the divorce.

Attorney Bryant

Mary Green resides at 10430 West Charles Avenue in Franklin. Her date of birth is June 11, 1970. She is employed at Citizen's Bank as an Assistant Manager.

1. Her husband, John Green, resides at 7932 South 92nd Street in Franklin. His date of birth is July 16, 1970. He is the owner of a manufacturing business, Precision Tool, Inc.

2. The Greens were married in Franklin on April 24, 2001. They have two children: Timothy, date of birth August 27, 2007, and Susan, date of birth December 29, 2010.

3. Mary is not pregnant. This is the first and only action for divorce. The children currently reside with Mary and have resided there for their entire lives. The couple separated last June.

4. Be sure to request the appropriate relief: a divorce, joint legal custody with placement with Mary, child support, spousal support/alimony, and a property division.