Firm News and Law Updates
Prenuptial agreements, commonly known as prenups, are contracts signed by couples before marriage that outline the division of assets and financial responsibilities in the event of divorce or death. For high-profile couples like Beyoncé and Jay-Z, these agreements are crucial not only for protecting individual and joint wealth but also for setting clear expectations within their marriage.
Read MoreWhat exactly is a prenup? A prenuptial agreement, sometimes called a “prenup,” is an agreement between future spouses regarding their marriage. It may spell out how to address property and assets, as well as support obligations, in the event of the dissolution of their marriage. When a marriage ends, the property and assets owned by both spouses, individually or jointly, comprise the marital estate. The Court then considers a list of 11 factors in determining how to distribute the marital estate between the spouses and will also decide whether the property is non-marital.
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