prenuptial agreement

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Prenuptial Agreement

A legal and binding agreement that a couple enters prior to their marriage. Prenuptial agreements are commonly associated with the division of assets in the event of a divorce later in life, but they may also include other details such as how assets are distributed in the event of the death of a spouse. Prenuptial agreements are somewhat controversial as some see them as providing an expectation of divorce; they are designed, however, to reduce financial uncertainty in a marriage.

prenuptial agreement

A written agreement by a couple who plan to marry in which financial matters, including rights following divorce or the death of one spouse, are detailed.
References in periodicals archive ?
This seems a clear indication that the courts will up-hold Prenuptial agreements, although of course each case is dealt with on its own particular facts.
He treated her children as if they were his own and never asked her to sign a prenuptial agreement, despite his wealth.
Comprised of the top 1,600 matrimonial attorneys throughout the nation, members are recognized experts in the specialized areas of matrimonial law, including divorce, prenuptial agreements, legal separation, annulment, custody, property valuation and division, support, and the rights of unmarried couples.
com)-- Contact Law polled 200 solicitors specialising in family law, and almost two thirds (62%) reported an increase over the past three years in the number of women enquiring about or instigating a prenuptial agreement.
Twenty-five percent of the respondents said entering into a prenuptial agreement indicates that partners cannot trust each other.
Our only cautionary note is that there is some concern that legally binding prenuptial agreements could lead to one partner benefiting and another being left penniless.
I'm sure it's often the case that the person being asked to sign the prenuptial agreement (usually the person in a worse financial position than their partner) can be made to feel like their partner doesn't trust them or that, by mentioning a prenuptial agreement, their partner is implying that they are only marrying for money.
In Bulgaria, prenuptial agreements are signed most often in cases when the husband is wealthy and older, the notaries public say.
The question on some minds as the real estate golden boy and girl prepare to marry: What would a prenuptial agreement between the two look like?
A PRENUPTIAL agreement is an agreement between parties made prior to
If drafted fairly, prenuptial agreements may protect the interests of both spouses.
For example, New Jersey is strict and the act only apples to prenuptial agreements, (7) whereas Virginia more liberally applies the act to all property settlement agreements.