Prenuptial & Postnuptial Agreements
Prenuptial Agreement
A Prenuptial Agreement is a contract used by couples who are planning to get married. It sorts our how property and debts will be divided in the event of a breakup. A prenup also addresses issues of inheritance and spousal support, and allows soon-to-be spouses to openly discuss their finances and future.
There are certain things that cannot be addressed in a prenup or it might be deemed invalid, including child support, child custody or visitation, illegal acts, or non-financial matters, such as household chores, physical appearance, or infidelity. The agreement must be fair to both parties, and it cannot impose undue burden on one party.
Postnuptial Agreement
Similar to a prenuptial agreement where spouses contract on specific terms, usually financial, before their wedding, a postnuptial agreement is a contract made some time after the vows are exchanged to set certain terms of the relationship.
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