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A prenuptial agreement is much like a contract. It gives two people who are soon to be married the opportunity to outline their intent and detail the division of property following marriage and in the event of a divorce or annulment. Often called a ‘prenup,’ this document highlights each spouse’s rights and responsibilities, alimony terms, and the ownership of assets and liabilities. Marriage is an exciting time, and protecting yourself and your assets does not cast a shadow on your celebration. To get started, contact us today.
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Prenuptial agreements, often referred to as “prenups,” are contracts entered into by couples contemplating marriage. They are commonly used to protect assets brought into the marriage by one or both spouses in the event the couple should divorce. Prenuptial agreements can be used to clarify how you intend to deal with finances, debt, or other matters during your marriage. The process of creating a prenuptial agreement requires you to discuss and agree upon the management of matters that are important to you, which can actually strengthen your marriage. If you should later divorce, a thorough and carefully-prepared agreement can reduce the stress and expense of the process, as you will have already addressed and decided important issues in your prenuptial agreement.
A Post Nuptial agreement is an agreement between two married people usually made to preserve and/or designate their assets that they sign after they are married. This might be appropriate for parties who have acquired substantial assets or debts since marriage and have new wishes about how their property should be handled if they divorce. Again, it is best if both parties have their own attorneys to advise them about their own needs and desires. With a post nuptial agreement, it is also a good idea to update it periodically, as the parties wishes and desires change over time. The experienced New Jersey prenuptial & post nuptial lawyers at Mavinkurve & Patel are available to answer clients’ questions and handle the drafting, review and negotiation of prenuptial and post nuptial agreements. For a consultation, please contact us now.
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