It’s been decided that a Brooklyn businessman is permitted to implement a prenuptial agreement against his wife even though he assured her he would never use it. In fact, the two both ripped up their contracts while on a cruise during their honeymoon, throwing the documents into the ocean. As the story unfolded, it turned out the man kept a copy of the prenup, and now has been permitted by the court to use it.
What is a Prenup?
A prenup, or more formally a prenuptial accord is a contract between two people preparing to marry, which details how assets should be divided in the event of divorce or death. These kinds of agreements have existed for thousands of years in different forms and fashion, predominantly in European and Far Eastern cultures, where those in royalty have always prepared to protect their wealth.
Reasons You Might Want a Prenuptial Agreement
- You should consider having a prenup if you fall into any of the following categories:
- You have assets such as a home, stock or retirement funds
- Own any part of a business
- You expect to receive an inheritance
- You have dependents from a previous marriage
- One person in the relationship has greater wealth than the other
- One of you plans to support the other through college
- You anticipate the need to financially or physically care for elderly parents
- You are or may potentially be working in a profitable career like medicine
- Essex County Prenuptial Agreement Lawyer
At the Law Offices of Gary J. Natale, P.C., we prudently defend our client’s interests. We will be honest and clear in advising you. We will carefully explain why you and your partner may need a prenuptial agreement and assist as you negotiate it. To get started with an initial consultation contact us today.