What is a Prenuptial Agreement?

A prenuptial agreement is a contract entered into before marriage that modifies the property rights of the spouses. Prior to a couple getting married they can choose to make a contract to resolve issues of property division and support if the marriage ends in death or divorce.

A prenuptial agreement is designed to protect a spouses’ future, especially today, when statistics show that one in three marriages ends in divorce. A prenuptial agreement can also be a wise financial plan. If both parties can be honest and view this as a business agreement, then the emotional feelings involved in having an agreement before marriage, may actually strengthen a relationship. It should be emphasized that it is in both parties best interest that there be no secrets about assets before the wedding.

There are Web sites you can go to for more information and legal forms. Three examples are listed below.

• www.FindLegalForms.com (this site lets you download a legal document that can be used in any state.)
• www.LawDepot.com (this site assists you if you prefer to have a customized prenuptial agreement.)
• www.LegalZoom.com (this site provides a service where a pre-nuptial agreement is prepared based on input you give to the site.)