premarital agreements
Premarital agreements, often called prenuptial agreements or "prenups," are legal contracts made by couples before they get married. They outline how assets, debts, and other financial matters will be handled in the event of divorce or separation. The goal is to clarify expectations and protect individual interests, which can help prevent conflicts later. While often associated with wealthy individuals, anyone can benefit from a premarital agreement, as it encourages open communication about finances and can provide peace of mind for both partners. It's important to consult a lawyer to ensure the agreement is fair and legally binding.
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A premarital agreement, often called a prenuptial agreement, is a legal contract made between two individuals before they marry. It outlines the ownership of assets and debts, and establishes how these will be divided if the marriage ends in divorce or separation. These agreements can also address issues such as spousal support. By detailing financial expectations and responsibilities, premarital agreements aim to protect both parties and can help reduce conflict in the future. It's important for both individuals to fully understand and agree to the terms, ideally with the guidance of legal professionals.