A prenuptial agreement, commonly referred to as a “prenup,” is a written contract entered into by two people prior to their marriage or civil union. And in many cases, it’s a fairly standard, straightforward document that protects each party and their assets in the event the union should split. If you’re entering into a union with significant wealth, property investments or the marriage will blend families, a premarital agreement is something you should probably consider. However, there are a few ways that one could ruin a premarital agreement. And these are things you would want to avoid.
Read MoreWhen someone utters the word “prenup,” you likely have some type of emotional response. It’s true that prenuptial agreements can stir up some emotions. On the surface, prenups have gotten a bad reputation over the years. However, a prenuptial agreement isn’t necessarily a negative thing. In fact, a prenup agreement can be a very good thing! Let’s take a look at some of the most common misconceptions about prenup agreements.
Read MoreMany are unaware that there is also a postnuptial agreement that can be entered into after marriage. The circumstances are usually far less rosy as a prenup, but they can lead to successful scenarios for a couple.
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