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Ocean City Family Law Blog

The most common financial issues of divorce

Divorce can be an emotional and stressful time for your family, and it can also be an uncertain time financially. Both you and your spouse will have to make decisions that will impact your finances now and in the future. However, divorcing couples can better navigate the complicated process when they know what to expect.

A family law attorney can help you come up with a plan to end your marriage while protecting your rights and your financial future. An attorney can help you understand and prepare for some of the most significant financial issues that will arise, including:

Five important tips for a prenuptial agreement

People from different walks of life fall in love and get married. When there’s a wide wealth gap, one spouse often asks the betrothed to sign a prenuptial agreement, so the spouse protects assets. However, a prenuptial agreement should provide a fair and equitable amount of the estate to the lower net worth spouse.

A prenuptial agreement defines the division of assets and property in the event of a divorce or death. Under New Jersey law, spouses can include a suitable number of conditions and measures in a prenuptial agreement. Most importantly, both spouses must agree to the terms of the prenuptial agreement.

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Russell & Marinucci
117 Atlantic Ave.
Ocean City, NJ 08226

Phone: 609-398-1900
Fax: 609-398-7292
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