Are you considering creating a prenuptial agreement? If so, it is important to educate yourself on the topic. This is true when it comes to any important legal document. Read on to learn more about prenuptial agreements in New Jersey.
What is a prenuptial agreement?
A prenuptial agreement is a legal document that declares how a couple’s assets should be divided in the event that their marriage comes to an end. These documents can help shorten or even prevent litigation in the event of a divorce, keep certain assets separate, and more.
How do I create a prenuptial agreement?
- Both you and your partner should work with your own attorneys
- You and your partner must both provide full financial disclosure
- Both partners must be willing to sign, the agreement cannot be signed under coercion or duress
- The greement must be reviewed and approved by the courts as enforceable at the time it was created
In addition, your prenuptial agreement must meet the following requirements:
- Your prenup must be notarized
- Include a full disclosure at the time of execution
- Be in writing
- Be executed before the marriage
- Be fair and just for both parties involved
What can I put in a prenuptial agreement?
Prenuptial agreements can settle a wide array of issues, including some of the most commonly contested ones, such as alimony payments. Additionally, prenuptial agreements can help spouses protect their inheritances, life insurance policies, rights to buy, sell, or otherwise manage assets, and the rights of both spouses to join or separate property during or after their marriage.
If you are interested in creating a prenuptial agreement, it is important to work with an attorney who understands your unique relationship and family law needs. Reach out to our firm today to discuss your options.
Contact our Firm
We understand that those getting a divorce most likely have several questions regarding the weeks and months to come. Paris P. Eliades Law Firm, LLC is honored to serve the people of New Jersey, including Sparta, Sussex County, Morris County, Passaic County, and Bergen County with the quality legal services they deserve. If you are getting a divorce or have any other questions regarding divorce-related matters, please do not hesitate to contact our firm for a consultation today.