What is a Prenuptial Agreement?
Also known as a prenup, a prenuptial agreement is an agreement to pre-determine the terms of a divorce before you have married. While some people criticize prenuptial agreements as being a bet that you will divorce, in fact drafting a prenuptial agreement is often a good decision, even if you have no doubts about the marriage.
What if You Have Few Assets?
Regardless of your circumstances at the time of your engagement, a prenup can be useful. Even if you have few assets, you never know what could happen during the course of your marriage. A prenuptial agreement is not just for the division of property but is intended to make negotiations proceed much more smoothly in the event of a divorce.
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