What are some important considerations of a post-nuptial agreement?
Even though post-nuptial agreements often serve the same purpose as prenuptial agreements, the family courts scrutinize post-nuptial agreements much more carefully than prenuptial agreements. The family courts hold post-nuptial agreements to a higher legal standard of fairness. The theory behind this is that the parties have less leverage when they negotiate a post-nuptial agreement as compared to a prenuptial agreement. Unlike prenuptial agreements, there is no uniform act that applies to post-nuptial agreements. The general rule in this quickly emerging area of law, however, is to apply the same rules for all marriage contracts. Both you and your spouse should be represented by separate and independent legal counseling addition, and you must provide full financial disclosure to each other. 8. I was recently married, and I will be purchasing a home in East Brunswick, NJ with my new wife. We both have similar incomes and we will be sharing the mortgage payments. She plans to pay $20,00
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- What are some important considerations of a post-nuptial agreement?