When a couple gets engaged, divorce is often the last thing on their minds. Though no one wants to think about any possibilities of the marriage ending before it has even started, it is important to consider how one can protect themselves in the event that divorce does happen someday. A couple should talk to each other at the beginning of their engagement about drafting a prenuptial agreement. A prenuptial agreement can allow both parties to protect themselves and everything they have worked so hard for up until this point in the event of a divorce.
When a couple does make the decision to draft a prenuptial agreement, it is important that they ensure that the agreement is valid in the eyes of New Jersey. To make sure that a prenuptial agreement is valid, ensure that it meets the following criteria:
- The agreement is in writing
- The agreement includes a full financial disclosure of each party that details all earnings, assets, and liabilities
- The agreement is executed before the marriage begins
- The agreement is fair to both parties
- The agreement is voluntarily signed by both parties
It is important to be aware that prenuptial agreements can only include language regarding financial matters and assets. These agreements cannot include any language about any future children that the couple may have together.
Paris P. Eliades Law Firm, LLC is a divorce and family law firm serving clients in Sussex, Morris, and Passaic County and throughout New Jersey. Our firm is proud to provide clients with compassionate, quality legal services. Contact our office today for a free initial consultation.