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Navigating Financial Relationships in Marriage with Prenups and Postnups
A prenup is a set of rules defining the financial relationship with a spouse during and after a marriage, aiming to manage finances during the marriage rather than just planning for a divorce. Couples today, marrying older and with more complex finances, need to navigate merging assets without resentment. Conversations about joint or separate finances, income flow, and division of assets in case of separation are crucial components of prenups, enabling couples to manage their financial relationships intentionally and avoid costly litigation during a divorce.