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Prenup Agreement


A prenup, short for prenuptial agreement, is a legal contract between two people entering into a marriage. It outlines how things like finances and assets will be handled in the event of a divorce or death.

Here's a breakdown of some key points about prenups:

  • Purpose:

    • To specify how property, debt, and spousal support will be divided in case of divorce.

    • Can also address inheritance rights and lifestyle issues in some cases.

  • Benefits:

    • Provides clarity and avoids relying on state laws during a potentially emotional divorce.

    • Can protect assets brought into the marriage by each person.

  • Things to consider:

    • Both parties should have independent legal counsel when creating a prenup.

    • Prenups should be fair and conscionable.

    • Not all provisions in a prenup may be enforceable by law.

While prenups are sometimes portrayed negatively, they can be a valuable tool for couples planning a marriage. If you're considering a prenup, it's wise to consult with an attorney to discuss your specific situation.

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