Prenuptial agreements are designed to protect the assets of one or both parties before entering into a marriage contract. These legal documents provide guidelines on the division of assets and obligations if the couple should eventually get divorced. The experts at Birz Law can provide you with the expert assistance you need to create enforceable prenuptial agreements for yourself and your future spouse. Jenny Birz is licensed to practice law in the states of New Jersey and New York and can provide you with the most practical and relevant legal services for your needs.
What Is a Prenuptial Agreement?
If one or both members of a couple have considerable assets and financial resources, it may be prudent to make legal arrangements for the distribution of assets if the marriage should fail. Some of the most common provisions of a prenuptial agreement include the following:
• A list of the separate assets and debts that will not be subject to equitable division in divorce proceedings
• Proposed arrangements for alimony and spousal support
• Provisions addressing the financial support for children born of previous relationships or marriages
• A proposed division of assets acquired during the marriage
• For couples with children, proposed arrangements for custody and child support
In New York and New Jersey, any provisions of a prenuptial agreement pertaining to child support or child custody may be reviewed by the court during divorce proceedings. This is intended to protect the welfare of minor children and to ensure that they have the financial resources necessary for their upbringing.
What Is a Mid-Marriage or Postnuptial Agreement?
Like a prenuptial agreement, mid-marriage or postnuptial agreements are contracts entered into by both spouses that provide instructions on the division of assets. Most couples use mid-marriage agreements to come to mutually agreeable terms when divorce proceedings are being considered. These legal documents can offer added protection for businesses owned by one or both spouses by creating a mechanism by which assets can be divided without disrupting business operations. Mid-marriage agreements are also useful for cases in which one spouse is engaged in irresponsible financial behaviors. By establishing clear ownership over various assets by creating a postnuptial agreement, the more responsible spouse can prevent financial losses that could affect every member of the family.
Modifying the Prenuptial or Postnuptial Agreement
If your financial circumstances change, you may wish to modify or amend your prenuptial or postnuptial agreement to reflect the current situation. If you and your partner agree, the legal team at Birz Law can create a modified agreement that incorporates the new information and that can provide you with a basis for dividing assets and managing ongoing obligations more effectively. This can provide you with greater peace of mind during difficult economic conditions.
Why the Right Legal Help Matters
The legal experts at Birz Law can provide you with legally binding and comprehensive prenuptial or postnuptial agreements that include all relevant assets and that provide you with added peace of mind regarding your financial stability. We work with you to determine the most important provisions to include in your legal agreement. If you are planning to divorce, we can also provide you with legal guidance on protecting your assets and providing for the children for whom you are responsible. This can ensure the best possible outcomes for everyone involved.
If you need an attorney to set up or modify a prenuptial or mid-marriage agreement, Jenny Birz and the Birz Law team can provide you with the right options for your needs. Give us a call today at 201-701-1218 to discuss your case with us. Our team of family law experts will be happy to sit down with you to create the right solution for your prenuptial or postnuptial agreement needs.