Law Offices of David T. Garnes, LLC

Schedule Your Free Consultation

(856)324-4593 | (267)838-9713

contact Menu

Talking property distribution need not wait until divorce

Marriage is the beginning of an exciting adventure undertaken by two people in New Jersey with the usual intention of remaining together for life. Although the divorce rate is believed to be declining, the possibility does exist. While no one wants to begin a marriage worrying that a divorce may result, there are steps that can be taken to protect oneself in the event of property distribution that may happen down the road. These steps can also promote openness and honesty regarding property and finances. Financial disagreements can cause issues that may lead to a divorce.

Prenuptial agreements are seen by some as evidence that one party doesn't trust the other. In reality, the agreements may be able to reinforce that trust as each person's finances will be fully disclosed in the process. A prenup can also be looked at as a will of sorts. It determines how property will be handled in the event of the death of the marriage.

In addition to a prenup, joint accounts should have both names, and both parties should have equal access to the accounts. This includes credit cards, bank accounts and investment accounts. Even if a person's name is on an account, if the person is not named by the primary account holder as having equal access to the account, he or she may not have access to any information regarding it. It is also a good idea for parties to maintain one or two accounts separately as individual accounts. This allows each person to establish independent credit histories.

People in New Jersey who are contemplating marriage and a prenuptial agreement should consult with an experienced family law attorney. A knowledgeable attorney can review a couple's financial situation and advise them on actions that can be taken to protect assets in the event of property distribution at a future time. Though it may be an awkward conversation, it can promote an open and honest beginning to a new marriage.

No Comments

Leave a comment
Comment Information
  • Excellent Attorney

    “I have used David Garnes on many occasions for multiple matters. He has assisted me for about 4 years and I will continue to seek his counsel as the need arise. His office is both very professional and attentive.”

    Matthew R. 2/12/15
  • I highly recommend Mr. Garnes

    “Mr. Garnes was such an amazing attorney, and he has an amazing staff! Mr. Garnes was truly there for me during my time of need. He truly gets the job done, and was available for me on both nights and weekends! ”

    B B. 2/12/15
  • Awesome

    “ Mr. Garnes was just great. He help change my life for the better. Thanks again”

    B B. 2/12/15
Email Us For a Response

How can we help you?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy


Cherry Hill Office
3 Executive Campus
2370 Marlton Pike West
Suite 255
Cherry Hill, NJ 08002

Phone: 856-324-4593
Fax: 856-282-1159
Map & Directions

Philadelphia Office
One Liberty Place
1650 Market Street
36th Floor
Philadelphia, PA 19103

Phone: 267-838-9713
Philadelphia Law Office Map

Review Us
map map