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Premarital Agreements: An Overview

Prenup (1)

Premarital Agreements - An Interstate Issue?


The main purpose of a premarital agreement is to predetermine the treatment or division of property in case of death or divorce.In addition to predetermining the treatment or division of property in case of death or divorce, premarital agreements may also restrict spousal support payments once the divorce has been finalized. You may come across a variety of different prenups or premarital agreements. Some of them completely eliminate community property while substituting it with an alternate plan. On the other hand, other agreements state what both partners bring to the marriage (independent property). These agreements also make room for sharing the income earned over the course of the marriage.

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