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Understanding the Purpose and Benefits of Premarital Agreements

Understanding the Purpose and Benefits of Premarital Agreements A premarital agreement, also known as a prenuptial agreement, is a legal contract signed by a couple before getting married. Its purpose is to establish a clear understanding of how assets, debts, and other financial matters will be divided in the event of divorce or death. This article explores the benefits of premarital agreements, helping couples make informed decisions and protect their interests.

The Benefits of a Prenup: Protecting Your Assets and Your Future
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The Benefits of a Prenup: Protecting Your Assets and Your Future

Introduction In the realm of family law, premarital agreements, commonly known as prenups, have become increasingly popular over the years. A prenup is a legally binding contract entered into by individuals before they get married or enter into a civil partnership. While some may view prenups as a pessimistic approach to marriage, they offer a…

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