Summary
In New Jersey, only joint bank accounts can be garnished if one spouse is sued, while individual accounts are generally protected. A prenuptial agreement can safeguard individual assets during a lawsuit, depending on its specific terms. New Jersey does not recognize common law marriage, but will honor one validly formed in another state. The cost of a prenuptial agreement ranges from $1,200 to $2,400, influenced by complexity, lawyers fees, and location. Always consult a local attorney for precise costs and personalized legal advice.Full Conversation
Nj
In New Jersey:
- Only joint accounts can be levied if one spouse is sued.
- Individual bank accounts are typically protected.
Please consult with a local attorney for personalized legal advice.
Does a prenuptial agreement protect assets if spouse is sued
In New Jersey:
- A prenuptial agreement can protect individual assets during a lawsuit.
- It depends on the specific language and stipulations in the agreement.
Please consult a local attorney for specific advice.
How much does a prenuptial agreement cost
The cost of a prenuptial agreement can vary greatly. It can range from $*,* to $*,*. Factors include complexity, lawyer's fees, and location. Always consult with a local attorney for precise costs.
Is common law marriage recognized in nj
No, New Jersey does not recognize common law marriage. However, if a common law marriage is validly formed in another state that does recognize it, New Jersey will honor it. Please consult a local attorney for more details.
Well my bank account be garnished if my husband is sued
In New Jersey:
- Only joint accounts can be garnished if one spouse is sued.
- Individual accounts are typically protected.
Please consult with a lawyer for personalized advice.
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