A pre-nuptial agreement or pre-marital agreement is a written contract created by two people before they are married. It lists all of the property the people own at the time of marriage, how they want to hold their assets during and in the event of a divorce, and how they want their earnings during marriage to be treated.
Contrary to popular belief, a pre-marital agreement is not just for the rich. While initially pre-marital agreements might have intended to protect the assets of a rich fiancée, couples of more modest means are increasingly turning to them for their own purposes.
Some of the reasons why you should have a pre-marital agreement include:
- to clarify your financial rights
- pass property onto to children from prior marriages
- protection from debt
However, you cannot waive or restrict child support, custody, or visitation rights in the pre-marital agreements.
We can answer your questions and help you create an agreement that address all of your concerns.