A pre-nuptial agreement, ante-nuptial agreement, or premarital agreement, commonly abbreviated to prenup or prenupt, is a contract entered into prior to marriage.
When people walk down the aisle to get married, they hope the union will last forever. The reality is, however, that roughly 50% of all marriages in the U.S. end in divorce.
A post-nuptial agreement is an agreement executed after a couple gets married, to settle the couple’s affairs and assets in the event of a separation or divorce.
Pre- and Post-nuptial agreements generally contain provisions specifying how separate and joint property of the parties will be divided. Often their purpose is to avoid community property law. These agreements can be difficult to enforce if they are not properly drafted.