prenuptial agreement

(redirected from Pre-Nups)
Also found in: Dictionary, Legal.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Up to 47 per cent of women and 44 per cent of men want a pre-nup.
"It would be unacceptable for one of the partners in a relationship to rely on an agreement which was made when both parties had careers and there were no children on the scene, so a review clause should be built into the pre-nup
More recently the rise in second and subsequent marriages has made the pre-nup more common to protect the interests of the children of the first family from the potential claims of later unions.
When talk of a pre-nup came up, it wasn't a big deal.
A shared desire to reduce such uncertainty and a change in the way that pre-nuptial agreements are viewed has led to a rise in 'pre-nups'.
Marital longevity is based upon a good foundation, respect and companionship, not financials and pre-nups. When it becomes materialistic it's no longer a marital union, it's a business agreement.
The 'Two and a Half Men' star believes that pre-nups poison marriages, the Daily Star reported.
I don't know the full details and Californian law is completely different to how we do things in this country, but in any event a lot has changed in the last couple of years when it comes to how effective pre-nups are if you are getting divorced.
Pre-nups, as they are called, are usually about money and what happens to it in a divorce.
The Law Commission is currently conducting a public consultation on marital property agreements - commonly known as pre-nups.
As the law currently exists in the UK, pre-nups have no legal standing and the judgment of the divorce court dictates a settlement.