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A New York prenuptial agreement outlines financial arrangements, debts, and property ownership for spouses in case of divorce. It safeguards businesses, inheritances, real estate, and children from prior marriages, though it cannot modify child support or custody. Prenups can expedite divorce proceedings. This video covers New York's signing requirements under the Uniform Premarital Agreement Act (UPAA) and circumstances under which a prenup may be deemed invalid. The UPAA, established in 1983, aims to standardize prenup laws nationwide, with New York being one of the 22 states that has not formally adopted it. Viewers are encouraged to download a prenup template and subscribe for more legal resource videos.