
Often called a prenup, a prenuptial agreement can cover who owns what property and debt, spousal support, and other financial issues if you divorce or one spouse dies. A Hoboken prenuptial agreement lawyer can help you set financial expectations before marriage and draft an agreement that can hold up in New Jersey courts.
A well-prepared prenuptial agreement can help you define your financial rights before walking down the aisle.
The Hoboken family lawyers at The Montanari Law Group handle divorce and family law cases for individuals and families living in Little Falls, Hoboken, and other North Jersey communities. We take a practical approach to family law issues. Whether your concern involves finances, property, or your family’s unique needs, we can help you understand how New Jersey law applies.
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In New Jersey, the Uniform Premarital and Pre-Civil Union Agreement Act regulates these kinds of agreements. Prenup laws state that parties to a marriage or civil union can use a prenup to outline the rights and responsibilities of each spouse regarding a range of financial issues. Issues covered in these agreements include:
Child support cannot be adversely affected by a prenuptial agreement. Likewise, issues related to child custody and parenting time are going to ultimately be decided based on the best interests of the child, not purely based on an agreement made before marriage.
In Hoboken, 41% of the population aged 15 or older is married. In addition, 3% of males and 7% of females are divorced, with many of these potentially having questions regarding prenuptial agreements. New Jersey has an overall divorce rate of 2.2 per 1,000 residents.
Just because both parties sign a prenuptial agreement does not mean that every provision is automatically enforceable. There are certain circumstances where a premarital agreement can be invalidated.
In many cases, the spouse challenging the agreement must prove that it is not enforceable by clear and convincing evidence. For example, the agreement might have been involuntary or extremely unfair when it was executed. It may be questioned whether or not the spouse challenging the agreement had full and fair disclosure of the other spouse’s financial income and responsibilities.
Many things can change after you get married. There’s the possibility of buying a house as a couple, starting a business together, inheriting assets, or experiencing a significant financial fluctuation.
The law allows couples to modify an agreement after getting married. However, if you do not want the old agreement to apply to your current situation, you must do more than assume or verbally agree that it does not apply. You must revoke the prior agreement or amend it with a new written agreement that both parties sign.
A prenup case typically arises when spouses are getting divorced, but one spouse brings a court action to have the agreement enforced while the other contests the agreement or how it should be interpreted by the court.
Disagreements can surface regarding:
Should your case need litigation, it may be heard in one of the local courts. The Hudson County Family Division can be found at the Hudson County Administration Building, 595 Newark Avenue, Jersey City, New Jersey 07306.
Ideally, parties who are planning to marry should start the prenup process long before the wedding date. When you hire a prenuptial agreement lawyer ahead of time, they can help you formulate a fair agreement.
An experienced Hoboken prenuptial agreement attorney can help identify assets and debts that require disclosure and advise you on what provisions are allowable under New Jersey prenup statutes.
No, cheating does not override a prenup. However, infidelity could impact a prenup if there are provisions in it that specifically address cheating.
The person contesting the prenup has the responsibility to prove that something has occurred that would invalidate the agreement or that the agreement was entered into under pretenses not allowed by law. This can include entering the agreement involuntarily or being legally unfair.
Issues that cannot be included in a prenup include child custody and child support matters. The child’s right to financial support cannot usually be dealt with in a New Jersey prenup because those issues are determined by what is in the best interests of the child and what the law provides. Additionally, you cannot include provisions that require either spouse to commit an illegal act or that violate public policy.
Prenups are legally enforceable in New Jersey. They are generally upheld if they meet the requirements set forth by the state. For a prenup to be enforceable, it must be fair and entered into voluntarily by both parties. Additionally, the agreement should be written, not verbal, and signed by both parties. Verbal agreements may not be upheld in court.
The cost of a prenup in NJ depends on many factors, including:
Complex prenups with multiple businesses and assets can cost significantly more than those that do not involve these complexities.
If you are considering a prenuptial agreement or need assistance in its modification, The Montanari Law Group can help you with the legal process. Contact us today for an initial consultation.
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