A pre-nuptial agreement is a contract between a prospective husband and wife which is statutorily sanctioned in New Jersey. The issues generally dealt with in Pre-Nuptial Agreements are:
In order for a Pre-Nuptial Agreement to be valid, the Agreement must be in writing signed by both parties. In addition, the agreement must be made voluntarily and full and fair disclosure of the earnings, property, and liabilities of each of the parties must be shown. Statements of assets with fair market values, debts with amounts due and tax returns should be annexed to the agreement to prove full and fair disclosure. Any appraisals of property, investment and bank account statements, mortgages, credit card statements or any other form of valuation should be shared between the parties to comply with this condition. It is of utmost importance that each party have independent legal counsel to review the terms of the Agreement and to explain each party’s legal rights and obligations with and without the Agreement.
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