A prenuptial settlement, generally known as a prenup, is a authorized contract created earlier than marriage that outlines the rights and duties of every social gathering within the occasion of divorce or demise. Whereas prenuptial agreements had been as soon as thought of taboo, they’ve turn out to be more and more widespread lately, as increasingly {couples} search to guard their particular person property and pursuits.
Prenuptial agreements might be helpful for each events concerned. They will help to keep away from pricey and time-consuming authorized battles within the occasion of a divorce. They will additionally present peace of thoughts, understanding that your monetary pursuits are protected.