Question:

What is Prenuptial agreement?

by Dead Soul | 3 years, 2 month(s) ago

Tags: Agreement, Prenuptial

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Ammad Ghauri

A prenuptial agreement, antenuptial agreement, or premarital agreement, commonly abbreviated to prenup or prenupt, is a contract entered into prior to marriage or civil union by the people intending to marry. The content of a prenuptial agreement can vary widely, but commonly includes provisions for division of property and spousal support in the event of divorce or breakup of marriage. Many countries, including Canada (Quebec), France, Italy, and Germany, have matrimonial regimes, in addition to, or some cases, in lieu of prenuptial agreements. As of 2007, England and Wales do not enforce prenuptial agreements, but agreements may be upheld at the judge's discretion. These countries also do not have a provision for marital regimes. There are two types of prenuptial agreements: marriage contract for people who are married or about to be married, and cohabitation agreement for unmarried couples. A variation for people who are already married is a postnuptial agreement, also called a postmarital agreement. Postnuptial agreements are similar to prenuptial agreements, except that they are entered into after a couple is married.
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