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Awards:
Pre-Nuptial Agreements
A pre‐nuptial agreement is an agreement between prospective spouses entered into before marriage with regard to how they will own their property during marriage, and property settlement upon a divorce. This agreement provides the parties with a certain degree of certainty as to how the property and debts will be divided at the end of an unsuccessful marriage and may greatly reduce the issues which would be eventually litigated.
A premarital contract provision can establish the rights and obligations of each of the parties in an of the property belonging to one or both of them, no matter when t was acquired, the right to buy, sell, or control property, how property is disposed of upon separation, marital dissolution, or any other event, ownership and distribution of the death benefit from a life insurance policy, etc.
