One of the most important documents a couple can get before deciding to officially tie the knot is that of a pre-nuptial agreement. A prenup, as it is commonly referred to as, is a legal document containing the specifications regarding financial properties and various other assets in the event of a divorce or separation later on. Other things such as child support and custody can be covered in these agreements. Here are a few more interesting facts about them:
A Legal Contract to Cover a Pre-Marriage Agreement
Whatever is contained within that agreement is a fully legal and binding contract. Whether it is one party agreeing to a dollar amount in monthly alimony or allowance following a divorce, or the deed to a specific property or business upon the dissolving of their marriage, whatever it is, there usually has to be extenuating circumstances for a judge to override them.
Fully Customizable
A prenup agreement can be designed and drafted to relay any specific concerns or priorities the involved parties may have. It can be anything from who gets a house to where the children live and go to school to which assets go to whom. Some couples have had custody of their dogs documented.
Protection and Security
Not only do these legal agreements help to keep things from getting ugly in divorce proceedings, they also protect both parties’ interests, as well as help to prevent fraud or trickery at a later date. Everyone involved can make sure that the things that are important to them in the beginning are enforced in the end.
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