Somerset County Prenuptial Agreement Services
Comprehensive Premarital Agreement Solutions for Morris, Union, Middlesex, and Essex Counties
A premarital agreement, also known as a prenuptial or postnuptial agreement, allows a couple to define their rights and obligations on a variety of financial matters that will arise in their marriage or in the event the couple separates or divorces. When drafted legally, these agreements can help a couple save time, energy, and money if they must face separation or divorce. Additionally, many marital issues that couples quarrel over during a divorce can be addressed beforehand in a prenuptial agreement, meaning the couple can avoid the stressful process of needing to appear in court to resolve their differences.
Key Components of a Prenuptial Agreement
A prenuptial or postnuptial agreement may contain but is not limited to the following matters:
- Both spouses’ rights and obligations to joint and separate property
- Which spouse has the right to buy, sell, use, manage, exchange, transfer, lease, and/or dispose of property
- How the division of property will be taken care of in the event of separation, divorce, and/or death
- Whether spousal support will be necessary
- Details regarding the making of a will or trust
- Any other matter, including personal rights and obligations, in accordance with the law
Prenuptial vs. Postnuptial Agreements: Understanding the Differences
A prenuptial agreement is created before a couple gets married. It details how both parties would like to take care of their finances, including asset division, in the event of divorce, separation, or death.
A postnuptial agreement is entered into after a couple is married. When you enter into a postnuptial agreement, you and your spouse’s assets become marital property, which is a topic you will need to address in your agreement.
Reasons to Consider a Prenuptial Agreement
There are many reasons why you would want to obtain a prenuptial agreement, especially if you are entering a marriage with significant assets of your own. Additional reasons why you may want your spouse to sign a prenuptial agreement include:
- Protect yourself from being held liable for any debt your spouse brought into the marriage
- Protect any income or assets you earn while married
- Determine if your spouse will get any of your estate in the event of your death
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“Can't say enough good things about Dan and his firm.”- Jon
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“Not only are they available during all hours of the day, but they also have extensive knowledge of the law.”- Charles W.
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“Quick, knowledgeable, professional, and very responsive to questions and inquiries. A positive experience from reception-to-attorney. I would request legal services from Lane & Lane again as well as recommend them to others.”- Orlando H.
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“Dan was very understanding and helpful through the divorce process. He respected my suggestions and always gave very good advice throughout the whole process. He worked well with opposing counsel and just helped the whole process move smoothly. This was not a process I wanted, yet I was able to count on him for sound and very professional advice. There was never any pressure for me to do anything I did not want to do. I am thankful I chose Lane and Lane.”- Tom H.
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“Divorce is a traumatic event, no matter how much both parties involved try to work through the process. Lane & Lane were a great sounding board for my concerns and needs. They listened and protected me from opposing counsel's comments and demands. I highly recommend Lane and Lane to represent you if this personal need arises. Pete Wright”- Pete W.
