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Prenuptial Agreement

    Prenuptial Agreement Editor's Picks

    • Do-It-Yourself Prenuptial Agreement

      A contract between two people detailing their respective rights to each other's property is a prenuptial agreement. Wealthy individuals are most likely to enter into a prenuptial, but the contract can be useful for any couple in which one of the spouses-to-be owns a business, has children from another marriage, expects to receive a... more »

    • What Is a Prenuptial Agreement?

      When two people get married without a prenuptial agreement, the laws of their state dictate how their property is held. Generally, all assets and debts will be jointly held, meaning each spouse has equal claim to the assets and equal responsibility for the debts. Spouses can dictate their own terms, deciding in advance who owns what,... more »

    • How Does a Prenuptial Agreement Work?

      With statistics showing that over 33% of all marriages end in divorce, it's no surprise that many couples consider using a prenuptial agreement before walking down the aisle. Although prenuptial agreements do not guarantee a couple's happiness, they do protect both the bride and groom's financial assets if they do indeed divorce. Why... more »

    • When to Start Drafting a Prenuptial Agreement

      It's almost never too early to start drafting a prenuptial agreement. It is definitely to your benefit to wait if you have any inheritance, business or litigation that renders a complete accounting of your assets uncertain. Otherwise, starting early is almost always in your benefit and could save the enforceability of the agreement.... more »

    • About Islamic Marriage

      Islamic marriage is significantly different than traditional Western marriages. While celebrations and feasting are part of Islamic marriage, too, it is mostly an event to agree on mutual obligations and issues and formalize the relationship. more »

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    Wikipedia

    Prenuptial agreement

    A prenuptial agreement, antenuptial agreement, or premarital agreement, commonly abbreviated to prenup or prenupt, is a contract entered into prior to marriage,civil union or any other agreement prior to the main agreement by the people intending to marry or contract with each other. The content of a prenuptial agreement can vary widely, but commonly includes provisions for division of property and spousal support in the event of divorce or breakup of marriage.They may also include terms for the forfeiture of assets as a result of divorce on the grounds of adultery,further conditions of guardianship may be included as well.

    In some countries, including the Netherlands, the prenuptial agreement not only provides for the event of a divorce, but also to protect some property during the marriage, for instance in case of a bankruptcy.

    Many countries, including Canada, France, Italy, and Germany, have matrimonial regimes, in addition to, or some cases, in lieu of prenuptial agreements.

    As of 2007, England and Wales do not enforce prenuptial agreements, but agreements may be upheld at the judges discretion. These countries also do not have a provision for marital regimes.

    There are two types of prenuptial agreements: marriage contract for people who are married or about to be married, and cohabitation agreement for unmarried couples. A variation for people who are already married is a postnuptial agreement, also called a postmarital agreement.

    Postnuptial agreements are similar to prenuptial agreements, except that they are entered into after a couple is married.http://www.cnn.com/2008/LIVING/personal/04/02/postnuptial.agreement/index.html CNN Living: Quit fighting get a postnuptial agreement

    Legal recognition

    Laws vary between both states and countries in both how to draft them and in whether they will enforce such agreements.

    Historically, judges in the United States accepted the idea of prenuptial agreements as read more at » http://en.wikipedia.org/wiki/Prenuptial+agreement

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