Prenuptial agreements are legal documents that set forth the guidelines for how property and assets are distributed in case of a divorce. Newly married couples should not buy into the myth that to prepare a prenup is to imagine the marriage ending. Prenups are simply a realistic precaution for New Jersey couples. While most know what a prenup is, many do not know what you can include in it. There may be a few surprises.
Business Insider explains that the most commonly included assets are finances, property and investments. Some will even include how much alimony one will receive in case of a divorce or if he or she will receive it at all. Where some marriages turn child custody into an issue at the end of a marriage, those with pets have similar problems. After all, pets are a part of the family. If you and your spouse share an animal, it makes sense to include pet custody in the prenup.
If the two of you are in business together, you may even include business relationships. You can choose who will keep ties to which business connections. Of course, you cannot choose whom the person might side with or if the professional relationships remain post-marriage, but you can outline which of you will stay involved.
Some of the most common assets to include in your prenup are sentimental items. Items like family heirlooms and photos are important to include. When it comes to the photos and sentimental items that you share, you may want to consider a clause to duplicate everything in the case of a divorce.
None of the above information is intended to be legal advice. It is for educational purposes only.