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Based on his experience reviewing prenuptial agreements for his clients, one attorney has some firm advice: If your betrothed or prospective in-laws ask you to sign a ?standard? prenup, just say no.

Prenuptial agreements, sometimes also referred to as ?antenuptial agreements? or ?premarital agreements,? are agreements between parties contemplating marriage that alter or confirm the legal rights and obligations that would otherwise arise under the laws governing marriages that end either through divorce or death.

One thing most states have in common is making sure prenups are signed voluntarily. Voluntarily means not under some type of force, such as coercion or duress. If one spouse is forced into signing the prenup under duress, the agreement may not hold up in court.

A prenup is a legal understanding between two individuals planning to marry. It summarizes how the couple's assets and obligations will be split during a divorce or separation. It can also determine the privileges and responsibilities of each party during the marriage, such as how property will be obtained and managed.

Are prenups enforceable? Prenuptial agreements, if drawn up and executed correctly, are legally binding and are usually upheld in court. One recent, high-profile case, however, has shown that prenups are not always ironclad.

Final Thoughts on Reasons to Get a Prenup A prenuptial agreement can help both partners feel secure and at ease by securing their assets, defining their financial obligations, protecting their business interests, and preventing disagreements.

A prenuptial agreement is entered into by a couple before marriage to address the rights and obligations that accrue in the event of a termination of the marriage by divorce or death. In the United States, there is not a uniform approach that controls prenuptial agreements because matrimonial law varies by state.

Not Correctly Executed: Each party is required to sign a premarital agreement prior to the wedding for the agreement to be deemed valid.If one party provides the other party with information that isn't true, it invalidates the agreement.

Prenuptial agreements help couples determine what will happen to the parties' assets in the event of a divorce or a spouse's death.The law states that couples cannot revoke prenuptial agreements unless both parties agree to it.

People can change or cancel a prenuptial agreement, provided it is what both parties want. It must be noted that both spouses must agree to change or cancel the agreement, and a single party may not be able to do that by themselves. The signature and understanding of the other party are crucial to make it happen.