Avoiding Mistakes When Signing a Prenuptial Agreement
A prenuptial or postnuptial agreement are both marital agreements made between spouses or soon-to-be spouses. These agreements allow parties to determine individual and shared rights to property and assets, asset and debt division, and make other important financial decisions during their marriage and in case of divorce. Some believe that these agreements make divorce more likely, or that these agreements are only useful to extremely wealthy couples. However, a prenuptial or postnuptial agreement can be useful for many couples and can help create better communication between parties and a sense of financial security. If done well, a marital agreement can