prenuptial agreement(redirected from Prenuptial Contracts)
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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.
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.