Prenuptial Agreement

What is a Prenuptial Agreement?

A prenuptial agreement is a written contract between two people who are about to wed, that states how assets will be divided in the event of a divorce or death.

The agreement should be fair and reasonable. Both parties should offer full disclosure as well as have their own independent counsel, and ensure that an agreement is formed months before the wedding.

Who should consider a Prenuptial Agreement?

• One person is much wealthier than the other
• One may be receiving an inheritance
• One person may be supporting the other through college
• One person owns part or all of a business
• You have loved ones that need to be taken care of
• There is potential for one person to have a significant increase in their income

What should be included in a Prenuptial Agreement?

• All assets
• All liabilities
• All income
• and any expectations of inheritance or gifts