Prenuptial agreements have a bad reputation. But, this is due to numerous myths and misconceptions. Read on to learn more about prenuptial agreements and how they can benefit you.
Myth: Prenuptial agreements indicate an unstable marriage.
Explanation: A prenuptial agreement is a document that declares how a couple’s assets will be divided in the event of separation, divorce, or death. As a result, many couples avoid creating prenups. In reality, a prenup does not indicate an unstable marriage. Instead, it allows both parties to feel protected as they enter this new chapter of their lives. Additionally, it allows couples to get important financial conversations out of the way.
Myth: A prenuptial agreement won’t hold up in court.
Explanation: A prenuptial agreement is an important legal document. As a result, it must be created and filed in a specific way in order to be considered valid. If your prenup does not meet the following requirements, it may be found invalid:
- The prenuptial agreement must be notarized
- Must include a full disclosure at the time of execution
- Must be in writing
- Must be executed before the marriage
- Must be fair and just for both parties involved
But, if you work with an experienced family law attorney to create a valid agreement, a prenup can save you a lot of time and money down the line.
Myth: Only wealthy couples need prenups.
Explanation: Many people incorrectly believe that you will only need a prenup if you are wealthy or if there is a large imbalance when it comes to the assets of each spouse. This is not the case. In reality, anyone who has any property or assets they wish to protect can benefit from a prenuptial agremeent.
If you have any questions or concerns about prenuptial agreements in New Jersey, our firm is here to help. Reach out today to speak with an experienced and dedicated family law attorney who can walk you through the process every step of the way.
Contact our Firm
We understand how emotional and difficult matters of family law can be. If you need the assistance of a knowledgeable attorney to help protect your right to your family, please do not hesitate to contact our experienced firm. We are eager and dedicated to helping you through this difficult time. Our personal injury specialists at Greenberg & Walden, LLC are standing by for a free initial consultation. Call us at 201-528-6928