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.
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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 ?
This article seeks to answer the question regarding the status, applicability and enforceability of prenuptial agreements under UAE Federal law No.
Even though three of Queen Elizabeth II's children have gone through divorces, none of them considered signing a prenuptial agreement.
There can be emotional repercussions as a consequence of negotiating a prenuptial agreement, particularly the closer to the wedding the negotiations take place.
Wales' brides-to-be are increasingly ready to sign a prenuptial agreement ahead of their vows, according to a family solicitor.
A prenuptial agreement setting out precisely what assets had been invested into the relationship prior to marriage and how they would be dealt with on divorce would have ensured that much of the time and expense taken up with the court cases could have been saved.
Prenuptial agreements allow couples, when they are in a more reasonable and amicable mindset, to limit the issues that can arise in the event of a divorce.
He treated her children as if they were his own and never asked her to sign a prenuptial agreement, despite his wealth.
If you want to limit this aspect of marriage you could draw up a prenuptial agreement. There's no guarantee the agreement will be upheld by the court but recent cases suggest prenuptial agreements are being taken into account when the division of assets is being considered on divorce.
She explains how legal contracts like marriage and prenuptial agreements place value on socioeconomic status and place in relationships.
Q.I have heard a lot of people talk about prenuptial agreements but I thought that this was something that was only done in America and Europe.
"Postnups, while much less common than prenuptial agreements, are gaining in popularity.
Beijing, May 12 (ANI): Less than five percent of the couples in China have entered into prenuptial agreements, and nearly 90 percent of unmarried people dislike the idea of establishing official records of what property they owned before getting married, according to a survey.