
A prenuptial agreement is a very personal decision for each couple, and one that requires careful consideration and communication. It is difficult to consider the possibility of a marriage ending before it has begun, but ultimately, a prenuptial agreement can strengthen your relationship and provide the peace of mind of knowing there is a plan in place in case your circumstances change. If you and your future spouse would like to draft a prenuptial agreement, simply contact our dedicated family lawyers today.
Prenuptial Agreement Lawyers Serving Sussex County, NJ
Prenuptial agreements are appearing more in courts today than ever before. Unlike a common misconception, a prenuptial agreement is not an advantage reserved for wealthy people. Spouses who wanted to protect previously owned property, inheritance for children from a previous relationship, or their business assets. Now, it is considered a wise and reasonable measure to prepare for your economic future in the wake of divorce. Our team of family lawyers can help guide you through the process while keeping your best interests in mind.
Who Should Get a Prenuptial Agreement in New Jersey?
Regardless of your personal circumstances, you should consider a prenuptial agreement before marriage. While the divorce rate in the U.S. is north of 50%, only about 1% of couples will establish a prenup. Not every prenuptial agreement is made because one spouse has significantly more income than the other, contrary to popular belief.
One spouse may have significant debt, own a family business, or have family money. If so, they should contact a lawyer. A prenuptial agreement can clear this potential issue of inheriting part of your spouse’s debt. Men and women who have children from previous relationships also have the opportunity to make sure their children’s inheritance is secure.
What Can I Include in a Prenuptial Agreement?
New Jersey law sets rules for what you can include in a prenuptial agreement. Here’s what’s allowed:
- Each person can define their rights and responsibilities for any property, no matter when or where it was acquired.
- The agreement can explain how either person can use, buy, sell, lease, give away, or manage property.
- It can include how assets will be divided if the couple breaks up, divorces, ends a civil union, or if one partner dies.
- It can change or remove the need for spousal or partner support (like alimony).
- The couple can agree to create wills, trusts, or other legal documents to carry out the agreement.
- It can include what happens to life insurance benefits after death.
- The couple can decide which state’s laws will be used to interpret and enforce the agreement.
- Any other personal agreements can be included, as long as they don’t go against public policy.
Importantly, there are some things you cannot include in a prenuptial agreement, such as future child custody or child support terms, clauses that may encourage a divorce, and personal or lifestyle provisions.
What Makes a Prenup Valid and Enforceable in New Jersey?
A prenuptial agreement isn’t just a handshake deal–it must meet specific legal requirements to be considered valid and enforceable in a New Jersey court. If your prenup doesn’t meet these standards, it could be thrown out entirely. That’s why it’s so important to work with an experienced family law attorney from the very beginning. Here are the key elements that make a prenuptial agreement valid and enforceable under New Jersey law:
- The Agreement Must Be in Writing and Signed by Both Parties: New Jersey law requires that a prenup be in writing. Verbal agreements are not enforceable. Both future spouses must sign the document voluntarily, before the marriage takes place.
- Full and Fair Disclosure of Financial Information: Before signing, both parties must fully disclose their assets, debts, income, and financial obligations. If one person hides significant assets or liabilities, the agreement can later be challenged in court. Transparency is critical.
- The Agreement Must Be Voluntary: Neither party can be forced or pressured into signing a prenup. If a spouse can prove that they were coerced, threatened, or rushed into the agreement, especially close to the wedding date, a judge may declare the prenup invalid. Each person should have adequate time to review and consider the agreement.
- Both Parties Should Have Independent Legal Representation: Although it’s not required by law, it is strongly recommended that each party has their own attorney review the agreement. If only one party has legal counsel, and the agreement turns out to be unfair, that could be grounds for a challenge. Independent legal advice helps ensure that both sides fully understand their rights and the consequences of the agreement.
- The Terms Must Be Fair at the Time of Signing: Courts may look at whether the agreement was “unconscionable” when it was signed–that is, whether it was extremely one-sided or unjust. If a prenup leaves one spouse with nothing while the other keeps everything, it may be thrown out, especially if one party lacked legal representation or full financial disclosure.
- The Agreement Must Not Violate Public Policy or Law: A prenup cannot include terms that go against public policy or legal standards. For example, it cannot determine child custody or child support in advance, as those issues are decided based on the best interests of the child at the time of separation or divorce.
- It Must Be Executed Before the Marriage Takes Place: A prenup must be finalized and signed before the wedding. If it’s signed afterward, it may be considered a postnuptial agreement, which is subject to a different legal standard and may not be enforceable in the same way.
What If I’m Already Married?
If you’re already married and didn’t create a prenuptial agreement before tying the knot, it’s not too late to put similar protections in place. In New Jersey, spouses can enter into a postnuptial agreement, which is a legally binding contract signed after marriage that outlines how assets, debts, and other financial matters will be handled in the event of separation, divorce, or death. Much like a prenuptial agreement, a postnuptial agreement can address a wide range of financial and property issues, including the following:
- Division of marital and separate property
- Allocation of debts
- Spousal support (alimony) terms
- Protection of family businesses or inheritances
- Provisions for children from previous relationships
- Management of life insurance policies
- Agreements regarding estate planning (such as wills and trusts)
However, just like with a prenup, a postnup cannot decide child custody or child support ahead of time. These matters are always determined based on the child’s best interests at the time of separation or divorce.
Couples may choose to draft a postnuptial agreement for many reasons, such as:
- One spouse receives a large inheritance or gift
- There is a change in financial circumstances (e.g., a new business venture or major debt)
- The couple reconciles after a separation and wants to clarify expectations
- There are concerns about asset protection or estate planning
- A desire to create financial certainty and reduce conflict in case of future disputes
Additionally, because postnuptial agreements are signed after a couple is already married, when fiduciary duties to each other are higher, courts often scrutinize them more closely than prenups. To be valid and enforceable, a postnup must meet these standards:
- Both spouses must enter into the agreement freely and without pressure or coercion.
- Each spouse must fully and honestly disclose all assets, income, debts, and financial obligations at the time of drafting.
- Courts may evaluate whether the agreement was fair at the time it was signed. If the terms heavily favor one spouse or seem unjust, a judge may refuse to enforce it.
- Like prenups, postnups must be in writing and signed by both spouses.
- While not required, it’s highly advisable for each spouse to have their own attorney review the agreement. This helps ensure that both parties fully understand their rights and that the agreement isn’t later challenged as unfair.
Contact Our New Jersey Family Law Attorneys
If you have any additional questions about prenuptial agreements or you’d like to create one, please don’t hesitate to contact our knowledgeable Sussex County prenuptial agreement lawyers today. Gruber, Colabella, Thompson, Hiben & Montella stands ready to help you get the peace of mind you deserve.
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