Carolann M. Aschoff, P.C.
WEST CALDWELL
973-200-4892
JERSEY CITY & BAYONNE
201-793-7739

Divorce talk: Splitting assets before they are combined is tough

Getting married is a significant step for any person in New Jersey. Along with the excitement of planning the wedding, it might be wise to take time out to discuss essential issues -- those which might impact the longevity of the marriage. Certain aspects have proved to be the most frequent causes of marital problems that could even lead to divorce. Two people with entirely different backgrounds will come together and be challenged to make it work -- and last forever.

They might have different ideas about having children, and if they agree to start a family sometime in the future, their ideas about raising children might be oceans apart. Another issue that has been the cause of many marital arguments involve the financial backgrounds of the two individuals. This includes their ideas about saving, spending and whether they will have a joint bank account and budget together.

The most challenging part of this conversation will likely be the moment they have to discuss splitting their assets before they have even combined them. They may not realize it at that time, but a prenuptial agreement is the only thing that could ultimately provide each party with peace of mind. However, they will have to cast their minds ahead and address future circumstances such as one spouse giving up a lucrative career to become a stay-at-home parent.

Considering potential problems may require advice that can be provided by an experienced New Jersey divorce attorney. A lawyer who deals with marital problems of others every day can help a soon-to-be-married person to identify and address likely issues in a prenuptial agreement. Once both parties have agreed on the contents of such a contract, they can sign it and then focus on love and marriage knowing that whatever they accumulate will be divided in an agreed-upon manner in the event of a divorce.

Source: newsreview.com, "We need to talk", Josie Glassberg, Jan. 18, 2018

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