A legal document signed before marriage that outlines how assets, debts, and financial matters will be handled during the marriage and in case of divorce or death.
PRENUPTIAL AGREEMENT
This Prenuptial Agreement is entered into by [PARTY A NAME] and [PARTY B NAME] ("Parties") on [DATE], in anticipation of their marriage.
1. SEPARATE PROPERTY
Each party's separate property acquired before marriage shall remain their sole property: [PARTY A ASSETS] and [PARTY B ASSETS].
2. MARITAL PROPERTY
Property acquired during marriage shall be considered marital property, except: gifts, inheritances, and property specifically designated as separate.
3. FINANCIAL RESPONSIBILITIES
Each party shall be responsible for their pre-marital debts: [PARTY A DEBTS] and [PARTY B DEBTS]. Future debts will be handled according to state law.
4. SPOUSAL SUPPORT
In case of divorce, spousal support terms shall be: [SUPPORT TERMS]. Each party waives the right to spousal support beyond what is agreed herein.
5. PROPERTY DIVISION
Upon divorce, marital property shall be divided as follows: [DIVISION TERMS]. Separate property remains with the original owner.
6. ESTATE PLANNING
Each party may dispose of their separate property by will. This Agreement does not waive inheritance rights unless specifically stated.
7. FULL DISCLOSURE
Both parties have made full disclosure of their assets, debts, and income as attached in Schedules A and B.
8. LEGAL REPRESENTATION
Each party has been advised to seek independent legal counsel and has had adequate time to review this Agreement.
This Agreement shall be binding upon the parties' heirs, executors, and assigns.
PARTY A: _________________ PARTY B: _________________
[PARTY A NAME] [PARTY B NAME]
Date: ___________ Date: ___________
Notarized: _______________
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A Prenuptial Agreement (prenup) is a legally binding contract signed before marriage that determines asset division, debt responsibility, and financial arrangements during marriage and in the event of divorce or death. Essential for couples with significant assets, business ownership, real estate, investments, children from previous relationships, or substantial income differences, this agreement protects individual financial interests while clarifying expectations. The prenup typically addresses property division, spousal support, inheritance rights, debt obligations, business interests, retirement accounts, and estate planning considerations. Particularly valuable for entrepreneurs, professionals, individuals with family wealth, previously married persons, and couples entering second marriages who need clear financial boundaries and protection against potential disputes or lengthy divorce proceedings.