What is a Prenuptial Agreement?
When a couple decide to make the lifelong commitment to each other and to get married, they are doing so without the expectation of separating. Due to the growing number of relationships breaking down it is of vital importance one considers all possibilities of the future before they get married. More and more spouses are choosing to enter in Prenuptial Agreements as a way of protecting pre-martial assets.
A Prenuptial Agreement is essentially a legal agreement between two parties setting out how assets should be divided if they later separate/divorce. There is a common misconception that they are not legally binding or held up in court, however, there are many recent rulings upholding properly executed agreements.