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A New York pre-nuptial agreement outlines the financial responsibilities, assets, and debts of each spouse in the event of divorce, helping to protect businesses, inheritances, real estate, and children from prior marriages. However, prenups cannot dictate child support or custody arrangements. They can facilitate smoother divorce proceedings. This video covers the signing requirements of the Uniform Pre-Marital Agreement Act in New York and factors that can render a prenup invalid. The Act, written in 1983, aims to standardize prenup laws, but New York is one of the 22 states that has not officially adopted it. Viewers are encouraged to download a prenup template and subscribe for more legal content from e-forums, a significant repository of legal documents.