Typically, individuals do not enter a marriage thinking about divorce. However, unexpected things happen and people may change over time. In the event of a divorce, couples should be prepared. Divorces can get extremely ugly and complicated when it comes to the division of assets. Divorces can get extremely ugly and complicated when it comes to the division of assets. Fortunately, individuals who have a prenuptial or postnuptial agreement already have agreed on how their marital assets will be split. This not only speeds up the divorce process, but also helps minimize conflict and animosity during litigation. Unfortunately, there are several misconceptions about prenuptial and postnuptial agreements. Oftentimes, individuals believe they do not need to obtain this type of contractual agreement because they are not high-net-worth individuals or wealthy. However, regardless of wealth, individuals who want to protect their hard-earned assets in the event of a divorce should create a prenuptial or postnuptial agreement. If you are getting married or are already married but want to protect your assets, contact a trusted Prenuptial Agreement Attorney in Mountainside who can help you create a prenuptial or postnuptial agreement.
Why should I consider getting a postnuptial agreement?
As mentioned above, married couples may believe they will never get divorced. However, circumstances could change that. Prenuptial agreements are written contracts drafted before a couple gets married. Postnuptial agreements are written contracts drafter after the couple gets married. Sometimes, couples do not have enough time to obtain a prenuptial agreement. Luckily, married couples can still protect their assets with a postnuptial agreement. A postnuptial agreement can cover the same components a prenuptial agreement covers. It is always better to prepare for the unknown. Unfortunately, married couples may face obstacles and situations they cannot overcome which results in the dissolution of their marriage. In a prenuptial or a postnuptial agreement, each party has full control over the terms of the agreement. This means they can address issues that they feel are important to outline if the marriage ever failed. This means married couples may address issues of adultery, alimony, child support, real estate, property division, and other important components. These agreements allows each party to dictate how they want their assets to be divided in the event of a divorce. It is extremely critical for couples to consider getting a prenuptial or a postnuptial agreement to protect their assets.
If you need help formulating a prenuptial or a postnuptial agreement, don’t hesitate to contact our trusted and dedicated team members. With years of experience, our attorneys can help you protect your hard-earned assets. We are ready to help you today.