Wedding planning can be a stressful time, but, in general, this is a time that is full of love, excitement, and possibility. With all of that positivity in the air, bringing up a pre-nuptial agreement may seem like a bit of a downer. However, the long-term benefits of a pre-nuptial agreement are significant, and this document can protect both parties should unforeseen circumstances develop in the future. Because of the advantages offered by a pre-nuptial agreement, this legal document is something that should be considered by all couples that are preparing to wed. The family law and divorce law attorneys at Winegar, Wilhelm, Glynn & Roemersma have a great understanding of the laws that govern pre-nuptial agreements in the state of New Jersey. Our attorneys can help clients create a legally valid pre-nuptial contract that will be fair to both parties.
What Is a Pre-nuptial Agreement?
Pre-nuptial agreements are legally binding contracts that stipulate how assets and property will be divided in the event that certain events occur. While pre-nuptial agreements are commonly relied upon in the event of a divorce, they are also referred to in the event of a death. Pre-nuptial agreements are actually quite practical and are a great way to prepare for unforeseen circumstances.
Creating a Pre-nuptial Agreement
A pre-nuptial agreement is a legal contract and, as such, it should be created with the assistance of a skilled and experienced attorney. Our family law attorneys have worked with many clients on their pre-nuptial agreements. Our attorneys can advise clients on the aspects that should be addressed in the pre-nuptial agreement. We can also ensure that the contract is fair to both parties involved. Additionally, our attorneys will create a legally sound document that will stand up to any potential challenges that may arise should the pre-nuptial agreement be required.
What to Include in a Pre-nuptial Agreement
Pre-nuptial agreements are devised with the client's specific needs in mind. Because the financial needs of each client are unique, so is each pre-nuptial agreement. Our attorneys will discuss each client's financial, business, and property assets to ensure that all appropriate subjects are covered in the pre-nuptial agreement. Below are some items that are commonly addressed:
- Management of joint bank accounts
- Management of household bills and expenses
- Retirement benefits
- Savings contributions
- Separate businesses
- Debt liability for pre-existing debt
- Arrangements regarding joint investments, such as businesses and/or property
- Property distribution
- Income tax issues, including deductions and claims
Reviewing Pre-nuptial Agreements
If your fiancée has asked you to sign a pre-nuptial agreement, we can review its terms with you and determine if the contract has your best interests in mind.
A pre-nuptial agreement is a legal document that can minimize difficulties in the unfortunate event that a divorce or death occurs. If you would like to learn more about pre-nuptial agreements and whether you could benefit from this contract, contact us at your earliest convenience to set up a consultation with one of our family law attorneys at Winegar, Wilhelm, Glynn & Roemersma. We look forward to hearing from you!