Prenup agreement california templatePrenup Agreement • March 25th, 2021
Contract Type FiledMarch 25th, 2021A prenuptial agreement, or “prenup,” is a written contract that is entered into before a couple gets married — most commonly when they are engaged. This agreement defines the financial and property rights of each spouse should the marriage end in separation, specifically by death or divorce. While they all have the same meaning, prenups may also be referred to as: Antenuptial agreement Prenuptial contract Domestic contract Marriage contract Premarital agreement Table of Contents What Does a Prenup Do? Prenuptial agreements serve to protect the financial and property rights of a couple should they ever divorce. This includes: Separate or Non-marital Property Marital Property Business Ownership Savings and Retirement Alimony and Spousal Support Separate Property / Non-Marital Property In the event of a divorce, the court will generally divide marital property between both parties, but exclude assets known as “separate property” or “non-marital property.” However, during marriage, comming