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.