Articles Posted in Prenuptial Agreements

If you are entering a New Jersey marriage, it may be wise to consider a pre-nuptial agreement before officially tying the knot.

What is a Prenuptial Agreement?

A prenuptial agreement is a popular way to safeguard your assets and financial security in the event of a divorce. Prenuptial agreements protect a variety of pre-marital assets including real estate, investment accounts, trusts, and foreign assets. Notably, if a couple is seeking a prenuptial agreement in the state of New Jersey, both parties must disclose all assets and obtain independent legal counsel.

Prenups For High-Asset Second Marriages in the State of New Jersey

As part of the New York Metropolitan Area, Bergen County is home to many high-income individuals. When these wealthy men and women marry for the second time, it is not unusual for one or both parties to have assets to protect. A good way to accomplish this goal, which is especially important when there are children from a previous marriage, is with a Bergen County prenuptial agreement.

When both parties have substantial financial, real estate, and other assets, the desire for a prenuptial, or antenuptial, agreement is often mutual. In situations where one future spouse has much more than the other, addressing the need for the document may be more difficult. However, the sooner you bring up the subject after making the decision to marry, the better.

NJ prenuptial agreementHe’s asked for your hand in marriage and has professed his undying love! Dreams of wedding gowns and floral bouquets dance in your head. Then he breaks the news—he wants you to sign a prenuptial agreement.

Your first instinct might be to say, “I thought you loved me!” But you then try to see things from his point of view.

Most couples, when they say, “I do,” believe that their marriage will last “till death do them part.” The reality is, however, that in spite of the divorce rate leveling off, many marriages will end in divorce.

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