There are a large number of reasons why couples decide on creating a prenuptial agreement. Individuals are increasingly marrying late in life after first acquiring a substantial amount of assets. Also, more individuals are marrying for a second or third time after having children from a prior marriage. A prenuptial agreement can provide direction regarding the division of property in the event of divorce, and also provide protection for children when it comes to inheritance of assets.
Whatever the circumstances may be, the lawyers at Newsome O'Donnell, LLC, will work personally with you. We will prepare and draft a prenuptial agreement that will reflect your personal needs and concerns. The language in the agreement will be clear, and we will prepare the prenup with an attention to detail.
What Do Prenuptial Agreements Cover?
Prenuptial agreements can address almost every aspect of your marriage. These agreements can provide provisions regarding property division in the event of a divorce. Such agreements can govern spousal support payment amounts in the event of a divorce or even allow for a waiver of spousal support in certain circumstances.
More importantly, prenuptial agreements can provide each spouse a clearer idea of what to expect during the course of the marriage. In many circumstances, preparing a prenuptial agreement promotes understanding between the two spouses. It helps couples better comprehend the role each spouse will play throughout the course of the marriage and provides each a clearer idea of what to expect from each other. Prenuptial agreements can set conditions regarding the handling of finances and the duties of each spouse.
An agreement can even set conditions regarding the raising of the children, including religious upbringing and education. However, it is important to remember that prenuptial agreements cannot govern matters pertaining to child custody, child support or visitation in the event of divorce or separation.
Why Prenuptial Agreements Require Careful Preparation
If prepared correctly, prenuptial agreements are legally binding. Therefore, it is extremely important that such agreements accurately reflect the property owned by each spouse, provide provisions regarding operation of any family-owned business, and accurately reflect the needs and concerns of each spouse.
The New Jersey family law attorneys at Newsome O'Donnell, LLC, understand the requirements for a valid prenuptial agreement. As experienced family law attorneys, we understand the kinds of provisions to be included in every prenuptial agreement to render it effective and binding.
How You Can Reach Our Law Firm
To schedule an appointment, contact Newsome O'Donnell, LLC, by calling at 800-465-0163. Our office is located in Morristown, and we provide representation in Morris County, and the entire state of New Jersey.