Elizabeth A. Douglas, Esq.
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A prenuptial or premarital agreement or prenup is a legally binding document that a couple signs before marriage. This document outlines the distribution of assets and liabilities in the event of divorce or death. Although prenuptial agreements were once associated with wealthy individuals, they are becoming increasingly popular among couples of all income levels.
A prenuptial agreement aims to protect both parties’ interests by clearly defining each spouse’s rights and responsibilities in the event of divorce or death. The document can address various issues, including property division, spousal support, and inheritance rights.
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