Jennifer McCaskill
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October 2017 Archives

Understand alimony before negotiating a prenuptial agreement

When most New Jersey couples are planning to wed, the last thing on their minds is negotiating the terms of the end of that union. However, statistics suggest that nearly half of all marriages will ultimately end in divorce. Understanding property division and alimony roles can help couples negotiate a prenup that is fair to all parties.

Prenuptial agreements can prevent loss during high asset divorce

Many New Jersey residents are aware of the recent passing of media mogul Hugh Hefner. The 91-year-old lived a life that was largely filled with controversy. He was the founder of Playboy magazine, and famously hosted celebrity-filled parties at his mansion. After his death, it has been reported that his wife, who is 60 years younger than he, will get nothing from his estate. She is rumored to have signed an ironclad prenuptial agreement to protect against losses in the event of a high asset divorce, and is not believed to be included in his will.

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