The Importance of Prenuptial Agreements

A prenuptial agreement, or prenup, is a legal contract between soon-to-be spouses that outlines how they will handle finances during the marriage and in the event of a divorce. It is not only for the rich and famous, but applicable to anyone who wants to clearly define financial responsibilities and protect their assets. Having a prenup allows couples to avoid having state laws dictate these matters, putting the decision-making power in their hands.