Social Accounts Sprite

Who Should Consider a Prenuptial Agreement?

By Snyder & Sarno on February 10, 2014


 A Prenuptial Agreement, often referred to as a “Prenup,” is an agreement that a couple enters into prior to marriage in order to protect certain individual assets and other rights in the event that the marriage ends in a New Jersey divorce. A Prenuptial Agreement can spell out exactly how assets will be distributed in the event of a divorce or how much financial support one spouse will pay to the other.

 

 Who should consider entering into a Prenuptial Agreement? Most people think that only wealthy people need the protection of a Prenup. The truth is that anyone who has personal assets (such as bank accounts or a business), property (such as a home), or children from a previous marriage should at least consider a Prenuptial Agreement.

 

When you decide that you want to enter into a Prenuptial Agreement, you and your future spouse can create terms that you agree to should your marriage ultimately end in divorce. This means that you can arrange how your property would be distributed between the two of you, how your debts and liabilities would be distributed, and whether any and how much financial support will be paid. Additionally, if you have children from a previous marriage, you can make sure that they are cared for in the event of your death or divorce by receiving your property.

 

One would like to think that no one decides to get married anticipating a divorce in the future. However, no matter how uncomfortable or disheartening it may be for you to discuss the idea of a Prenuptial Agreement with your future spouse, it is important enough that you should at least consider it as a means of protecting both of your financial futures.

 

 In order for a Prenuptial Agreement to be upheld, it must meet certain requirements that are laid out in N.J.S.A. 37:2-31 to -41. It is important that you speak with a New Jersey matrimonial lawyer who can assist you with drafting your Prenuptial Agreement to ensure that it will be upheld in the future should your marriage end in divorce.

 

If you have questions or concerns about entering into a Prenuptial Agreement, please contact the experienced attorneys at Snyder & Sarno at (973) 274-5200.

Related to This

desktop-only

Message Us

"I was involved in a VERY complicated and tumultuous child custody, divorce, domestic violence case for two full years. I was fortunate enough to be represented by one of the top matrimonial teams in the state of NJ, and the outcome in my case exceeded my every expectation." - Former Client

"Paul personally stood by my side and represented me throughout my injury case. Whether it was business at hand, advice, or a late night phone call to help me understand what was going on; he never took a step back towards helping me. I knew that I could call on him at any time . My case was very successful and I attribute that to Paul's dedication . He even came to me during a snow storm when I could not make it to his office. I certainly would recommend him to anyone." - Former Client

X CLOSE

Bergen County Office

401 Hackensack Ave
Ste 706
Hackensack, NJ 07601

Open Today 8:30am - 5:30pm

Essex County Office

425 Eagle Rock Ave
Ste 202
Roseland, NJ 07068

Open Today 8:30am - 5:30pm

Somerset County Office

440 Route 22 E
Ste 170
Bridgewater, NJ 08807

Open Today 8:30am - 5:30pm

X CLOSE

Message Us

X CLOSE

X CLOSE

Popular Tags