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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“Eric took the time to listen to my concerns and helped me to make informed decisions based on my situation.”- ZP
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“Upon meeting Steven Lane, he saw me right away and I could tell he was the lawyer I wanted to work with. He was very professional and personable. He kept in constant communication, even on weekends when I was panicking about an issue.”- Joseph O.
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“I can't say enough positive things about this firm. I dealt primarily with Eric Lane and he was nothing short of a "consummate professional". He was there for me at every turn in my case, ready to provide whatever support was needed by me. Not only was he able to deliver a satisfactory result in my situation, but he legitimately exceeded expectations. I don't hope to have to require legal representation again anytime soon, but if I do there is no doubt that I will be turning to Eric and company at Lane & Lane.”- Christian P.
