prenup (prenuptial agreement)

A prenuptial agreement, or prenup, is a legal contract that couples sign before getting married. It outlines how assets and debts will be divided if the marriage ends, whether through divorce or separation. Prenups can also specify financial responsibilities during the marriage and protect individual property. While often associated with wealthy individuals, prenups can benefit anyone by clarifying expectations and reducing conflict should the relationship end. It’s important that both parties fully understand the terms and seek independent legal advice to ensure fairness and enforceability.