Prenuptial Agreement

A Prenuptial Agreement is a contract used by two people who are about to marry and wish to sort out current and future financial and property matters prior to marriage.

A Prenuptial Agreement (a.k.a. "prenup") sets out how assets will be distributed in the event of divorce or death. It can also be used to address other important matters to the couple about to be married such as rights to future spousal support, etc.

A prenuptial agreement is normally used in situations where one or both parties: has significant wealth or expects to receive a large inheritance, has a personal business, wish to keep all assets and debts separate, were previously married, and/or have children from a previous relationship.