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Prenuptial Agreements: Protecting Your Assets

Prenuptial Agreements: Protecting Your Assets

By Jeff J. Horn – Divorce Attorney

Prenuptial Agreements: Protecting Your Assets

A High-Profile Case

The recent split between Jennifer Lopez and Ben Affleck highlights the importance of prenuptial agreements, especially when no prenup is in place. Without a prenuptial agreement, high-profile divorces can lead to complex legal battles, much like what may unfold in this case. In New Jersey, a prenuptial agreement can simplify the division of assets and prevent costly disputes. High profile or not, start with a call to your divorce lawyer.

Why Consider a Prenup?

A prenuptial agreement outlines how assets and debts will be divided in the event of a divorce. It can also address issues like spousal support, which can save time and money if the marriage ends. A prenup is especially important in high-net-worth marriages or when one party owns a business or significant assets before marriage. By defining financial expectations, couples can avoid lengthy court battles.

Enforcing a Prenup in New Jersey

New Jersey courts generally uphold prenuptial agreements as long as they are executed fairly. Both parties must fully disclose their assets and debts, and the agreement must be signed voluntarily without coercion. Additionally, each party should have independent legal representation to ensure the agreement is enforceable.

Conclusion

High-profile cases like Jennifer Lopez and Ben Affleck’s divorce serve as reminders of the importance of prenuptial agreements. Whether you’re a celebrity or not, a prenuptial agreement can protect your financial interests and simplify the divorce process. If you’re considering marriage, consulting with a New Jersey divorce lawyer can help you create a fair and enforceable prenuptial agreement that protects both parties.

Jennifer Lopez Files for Divorce From Ben Affleck

 

Thanks to Horn Law Group, LLC intern Dillon Uhrig

Photo by The HK Photo Company on Unsplash