A prenup is a contract between two individuals that specifies the liabilities and assets they bring to the marriage. It also determines your property rights should your marriage end in a divorce.
Some of the items to include in your pre-nuptial agreement are:
- Saving and spending strategies
- Financial obligations during the marriage
- Separate and marital property
- Property distribution in a divorce proceeding
- Debt liability
- Alimony
- Family property and estate plans
Since prenup laws differ from state to state, it’s wise to hire a family attorney to help you draft your pre-nuptial agreement. Contact Granholm & Gynac today to consult with a family attorney.