Eight Things to Put In Your Prenup
Crazy About Your New Spouse, BUT You Want a Prenup! In this day of multiple marriages, we are all entering into our nuptials with a lot more “history.” We may have substantial assets, large incomes, or one or both parties might have large outstanding debt. It may not be romantic, but many couples today are choosing to be 100% committed on everything but the finances. Therefore, a common question people ask a divorce attorney in Bergen County such as Eric or Dolores Aretsky, is what things should be included in a prenuptial agreement? Your agreement should be tailored to your individual circumstances, but here are some things that should be covered:
- Property, and each party’s rights and obligations in terms of it.
- The rights to buy, sell, transfer, or otherwise manage and control property.
- What will happen to property upon separation, divorce, death, or in the case of another major event that affects your marriage.
- Spousal support.
- How the provisions of the agreement will be carried out.
- The ownership rights in and disposition of death benefits from a life insurance policy.
- The choice of law governing the agreement.
- Any other rights and obligations you want included, based on your individual circumstances, except in the case of child custody or other things that would violate public policy.
We all want our marriages to be until death do us part, and good for you if you are throwing it all in without restrictions at age 45. But if you want to be a little more cautious, come see us about a prenuptial agreement. Call us today at 201-580-3411 or email us at aretskylawfirm@optimum.net. If you liked this article, you might also like: Do we need two lawyers to create a prenup?