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Prenups may be useful before divorce in New Jersey

On Behalf of | Feb 17, 2016 | High Asset Divorce

Preparation can come in handy in the majority of circumstances, including divorce. Though individuals may not believe that they will ever get divorced or that they have plenty of time to think about such a potential issue, this event could come about unexpectedly. Therefore, New Jersey residents may wish to consider preparing for divorce even before marriage.

One way to prepare is to create a prenuptial agreement. These agreements can detail financial obligations and how certain issues should be address in the event of divorce. Parties can come to terms on alimony, property division and other areas that they would like to address. Though property is often divided based on state law during divorce, a prenuptial agreement may supersede those laws and must be used.

Creating a prenup can also help couples better understand their communication methods. If coming to terms is overly difficult and there is little compromise during negotiation, parties may become aware of underlying issues that need to be addressed. On the other hand, communication that goes smoothly may help individuals feel more at ease about their pending nuptials and future relationship.

Because even the most communicative couples may find creating a prenuptial agreement difficult, they may wish to consider legal assistance. Information is available from reliable local resources that could provide a variety of knowledge on the topic as well as other related aspects of family law. Additionally, consulting with an experienced family law attorney could help interested New Jersey residents better understand the benefits of such agreements and how they could be used during a divorce.

Source: Time, “3 Good Reasons to Stop Stalling and Get a Prenup“, Tracy Craig, Feb. 11, 2016


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