Articles Posted in Prenuptial Agreements

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Back in the summer, celebrity gossip site TMZ (along with probably countless other sources) reported on the breakup of the eight-month-long marriage of actor Liam Hemsworth and singer Miley Cyrus. According to the TMZ report, the couple had created and signed a prenuptial agreement before they wed. Additionally, each had kept his/her earnings separate during the duration of the marriage. As a result, “there won’t be a fight over money,” the report indicated.

Even if you’re not a couple of multi-millionaires (or even if you are,) there may be good reasons to create what’s called an “antenuptial agreement,” also sometimes known as a prenuptial agreement or premarital agreement. However, what do you do if you’re already married and didn’t create a prenuptial agreement, but now you realize that you probably would have benefited from one? Are you out of luck because you’re already married? No, there are still options. Contact a knowledgeable Hoboken family law attorney and find more about what tools may be able to help you.

One of the tools that is available to you after you’ve already gotten married is something called the mid-marriage agreement, or intra-marital agreement. Mid-marriage agreements can be a great way to protect your interests in an existing marriage, even though the marriage may be successful and nowhere near being “irretrievably broken.”

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Once upon a time, the idea of a prenuptial agreement carried mostly negative connotations. The stereotype was that the people who got a prenuptial agreement (also known as an antenuptial agreement or pre-marital agreement) were either greedy and rich spouses trying to avoid sharing the wealth or else worried wealthy people seeking to protect themselves from a “gold digging” soon-to-be spouse. As you can see, this stereotype is fueled by an over-sized dose of cynicism.

The reality is actually much different, and more people are realizing that. According to a recent report, more spouses-to-be are seeking the benefits that a prenuptial agreement can offer. One thing to keep in mind if you’re considering signing a prenuptial agreement is what an impactful decision that is. Once you’ve signed the agreement, your options for getting it invalidated later are fairly limited. (This, by the way, is another reason why you shouldn’t go into the process alone but be sure you are represented by a skilled Hoboken family law attorney.)

According to that recent report, 62% of lawyers who responded to an American Academy of Matrimonial Lawyer survey reported an increase in the number of clients requesting services related to establishing a prenuptial agreement. One attorney, who noted an uptick in prenuptial agreements among second marriages, concluded that spouses had negative memories of their previous divorces and “don’t want the uncertainty of having a judge decide their fate.”

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