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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“Because Daniel Lane’s specialty is matrimonial law, I found him to be experienced and tough, but also kind and willing to negotiate to settle the dispute.”- Former Client
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“Met with Dan on a project. I also had discussions with one of the largest firms in the state and after both meetings, what I recognized is that the larger firms just take cookie-cutter documents and don’t take the time to listen to a client's needs. Dan took the time to educate me on what the project required and how to complete it. He listened and educated, versus the other firm just asking what do you need (note I had no idea where to begin on the document) and then talking at you like a number. I highly recommend Dan.”- David M.
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