Should Everyone have a Prenuptial Agreement?


Bangalore: Are you planning to get married? Is your prenup agreement ready? There are some financial pundits today, who feel having a prenuptial agreement is very important while getting married. And it should not be limited only to marriage. Couples who are moving in together should also consider a 'cohabitation agreement'.

What is a Prenup?

A prenup is basically similar to the property settlement agreement related with divorce, a legal document specifying a couple's assets and how they should be divided if the marriage nullifies. Along with keeping assets separate, a prenup can also keep debts separate, offer spousal support and dictate behavior during the marriage. Your prenup requires a proper lawyer. Even your partner needs a lawyer for final agreement.