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January 2016 Archives

Some facts about prenuptial agreements

New Jersey residents who are planning to marry soon might be curious about the possibility of a prenuptial agreement but might not know where to start looking for information. This is the result of the stigma and misconceptions that often still accompany them, including that they are only for wealthy people and are not romantic. However, many experts believe that talking about such an agreement openly, even if the couple decides in the end not to enter into one, might actually be good for the relationship.

Divorced spouses may be eligible for Social Security benefits

People in New Jersey who are divorced or who are getting divorced may wonder how that divorce affects their Social Security benefits after retirement. If the couple was married for at least 10 years, then a lower-earning person may be eligible to receive Social Security benefits based on the ex-spouse's earnings records. The amount a divorced spouse can receive is up to 50 percent of the full amount that the other spouse would earn on reaching full retirement age.

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