A prenuptial agreement is akin to a business contract for a couple; matters such as division (should death or divorce occur) of financial and personal assets, custody of children, and division of property are all addressed within the document.
updated November 28, 2023 · 1min read
With one in three marriages ending in divorce, many are choosing to negotiate and sign prenuptial agreements. A prenuptial agreement is akin to a business contract between two parties; matters such as division (should death or divorce occur) of financial and personal assets, custody of children, and division of property are all addressed within the document. Those who consider a prenuptial agreement may own a business, have substantial assets including inheritance, have children from a previous relationship, and/or may have the potential to see income increase over the duration of the marriage (i.e., a doctor or entrepreneur).
A prenuptial agreement, where properly negotiated, can protect:
Prenuptial agreements can not be used to:
If you intend on entering into a prenuptial agreement, do so as early as possible prior to marriage—this insures that neither party is surprised by the nature of the agreement. Hopefully you and your spouse will live happily ever after.
by Ellen Rosner Feig
I have extensive experience in all areas of media and entertainment including 11 years as an entertainment attorney, ...
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