Family Law- Prenuptial Agreements

Prenuptial Agreements – Prenuptial agreements, also known as prenups or premarital agreements, are contracts created by couples before entering into marriage. These agreements outline each party’s rights and responsibilities regarding property and finances in the event of divorce or death. Here are some key points about prenuptial agreements:

Purpose and Content

Prenuptial agreements typically cover:

• Division of assets and property in case of divorce
• Spousal support/alimony arrangements
• Protection of separate property brought into the marriage
• Allocation of debts
• Inheritance rights

The main goal is to provide clarity and certainty about financial matters, potentially reducing conflict if the marriage ends.

Reasons for Getting a Prenup

Common reasons couples choose to get prenuptial agreements include:

• Protecting assets acquired before marriage
• Clarifying financial rights and responsibilities
• Addressing concerns about potential alimony
• Protecting business interests
• Ensuring inheritance rights for children from previous relationships