Prenuptial Agreements Are Not Just For the Wealthy And Famous.

A prenuptial agreement is a contract that carves out the terms of marital assets in the event the marriage ends. Marital assets are generally those acquired during the marriage. Without a prenup, a couple’s marital assets will be distributed by their state’s laws- which can range from fair to surprising. In many cases, the distribution of marital assets can be emotionally charged, hotly contested and even volatile.

For more information see: Opting For Prenups (Wills, Trusts, Estate Prof Blog) and Janice Revell, Getting married? Get a prenup, Fortune Magazine, Jul. 29, 2011.

For Pennsylvania Divorce Law see : ACTIONS OF DIVORCE OR FOR ANNULMENT OF MARRIAGE

For an overview of New Jersey Divorce Law Code Section, 2A:34 et seq. see: New Jersey Divorce Info – An Overview of New Jersey Divorce Law (njlawnet.com).

NJ and PA are equitable distribution states. This does not mean each person is entitled to half of the marital assets. Nor does it mean that the title owner will recover a specific items.

Note: State laws are constantly changing contact an attorney or conduct your own legal research to verify the state law(s) you are researching.

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About vinhsu

Center City Philadelphia General Practice Law Firm with emphasis on Criminal Defense, Family Law, Immigration, Real Property, and Wills/Trusts/ Estate Planning. Licensed in Pennsylvania and New Jersey.
This entry was posted in Legal Help and Assistance, Marriage/ Juvenile/ Family Law and tagged , , , , , , , , , , . Bookmark the permalink.

One Response to Prenuptial Agreements Are Not Just For the Wealthy And Famous.

  1. Pingback: Pre-Marital & Post-Marital Agreements in Las Vegas, Nevada

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