Q: How to best protect existing assets without a prenup?
If I'm getting married without a prenup in NJ and currently have multiple trading accounts with several million in assets across them, will those assets be considered pre-marital property and not subject to division if I do not contribute any new money to these accounts? Will using those accounts to purchase securities with the money that is already in those accounts also be safe to do as long as no new money is contributed to the accounts? What about interest and dividends earned on those accounts and applied to further investment? Additionally, my fiancee will be moving into my home, which I fully own currently. I had the property appraised ahead of the marriage, is there anything else I should consider? Thank you!
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A: Do not even think of getting married without a prenuptial agreement. That would be the worst mistake you could possibly make. You need to retain an experienced matrimonial attorney who knows how to make an iron clad agreement. Pick the best attorney you can find and remember one rule: a good attorney is generally never cheap, and a cheap attorney is generally never good so don't choose based on price. With modern technology, you can be represented by any high-quality attorney in New Jersey irrespective of geography.
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