NUPTIAL AGREEMENT ATTORNEYS SERVING MONMOUTH, MIDDLESEX, OCEAN COUNTIES AND ALL OF NJ
Many New Jersey residents know what a pre-nuptial agreement is. Fewer have heard of post-nuptial agreements. We will state at the outset, these are not for everyone and certainly not for every domestic relationship.
At Romanowski Law Offices, we have earned knowledge, experience and respect, both in crafting such agreements and in setting them aside. Although attempting to determine financial dispositions before or during your marriage, or both, stands to create a level of comfort and certainty that wouldn’t otherwise obtain, this is not something that should be addressed lightly.
Our prowess in dealing with Pre-Nuptial agreement matters resulted in an article reported in the Home News Tribune, following an interview with New Jersey Family Law Attorney, Curtis J. Romanowski, Esq. Riley, Michael. (2011, February 27). Has the economy changed attitudes toward prenups? Home News Tribune, pp. F1-3.
Pre-Nuptial Agreements, Reconciliation Agreements, Mid-Marriage Agreements, and Post-Nuptial Agreements are all used to protect individual assets and other rights in the event of a Divorce or Civil Union Dissolution. Romanowski Law Offices’ talented, tough and courtroom-tested Family Law attorneys possess the requisite skills and commitment to excellence to aptly prepare, review, challenge or enforce the following:
- Pre-Nuptial Agreements
- Reconciliation Agreements / Mid-Marriage Agreements
- Post-Nuptial Agreements
When to Consider a Prenuptial Agreement
Today, more couples are getting married later in life, which means they have acquired their fair share of assets and financial resources prior to the union taking place. While traditionally a prenuptial agreement was used for those with excessive assets, a person does not have to be a millionaire to use this layer of protection.
The media has portrayed prenuptial agreements as glamorous, but they are hardly such. These agreements rarely turn out like they do for movie stars – equaling million-dollar payouts for cheating or gaining weight. A solid prenuptial agreement is one that can actually be enforced by the courts. They may stipulate how much alimony a spouse will receive, which spouse will receive the family house and clarify financial assets that are acquired pre-marriage. Also, if one spouse has a significant amount of debt, a prenuptial agreement will clarify how that debt will be handled if the relationship ends.
Prenuptial agreements do not have to remove the romance in a relationship – instead, couples should look at them as a financial planning tool for the unknown. Signing or drafting an agreement does not automatically mean a couple expects the marriage to fail, but it will protect both parties in the event something does go wrong in the future.
SITUATIONS THAT WARRANT A PRENUPTIAL AGREEMENT
There are certain situations where a couple should consider a prenuptial agreement. These include:
One future spouse owns a business.
A business owner should have a prenuptial agreement that protects company assets from their spouse – especially if there is a significant increase in the company’s value during the marriage. Also, the prenuptial agreement can address any intellectual property rights of the business.
One future spouse has a specific asset they need to protect.
Prenuptial agreements may be used when one spouse receives a big inheritance and wants to protect the funds in case of a divorce.
Children from a previous marriage.
If one party has children from a previous relationship or marriage, a prenuptial agreement offers an additional layer of protection (in addition to the estate planning documents) to ensure there is no confusion about which assets go to which children.
One future spouse has excessive debt.
With the growing averages of credit card debt and student loans in the United States, it is not unusual for one of the parties to have excessive debts. Bringing those debts into the marriage can create complications later on. A prenuptial agreement will clearly state which party is responsible for those debts.
One future spouse is giving up something for the marriage or their partner.
Prenuptial agreements do not only safeguard financial assets; they can protect the interests of one of the spouses who gives up something for the relationship, such as a job to relocate or quitting a career to stay home with children. A prenuptial agreement can ensure that sacrificing spouse receives alimony or some form of financial compensation for their sacrifice.
CONSIDERING A NUPTIAL AGREEMENT? MEET WITH ROMANOWSKI LAW OFFICES TODAY
If you are considering a prenuptial agreement for your marriage, speak to the attorneys at Romanowski Law Offices today. We can help you explore your options and draft a prenuptial agreement that benefits both parties.
Benefit from the significant contributions that a knowledgeable, experienced, and respected Family Law Firm can make. When experience matters – when an experienced and trustworthy legal relationship matters in your Divorce situation, Romanowski Law Offices is your choice. Call today for a expert consultation. (732) 242-4564