What is Prenuptial Agreements?

Generally, prenups protect assets that may otherwise be subject to marital property laws. Specifically, these documents may be used to:

• Protect one party from taking on the debts of the other
• Protect specified assets of one party
• Determine the manner in which property is passed on after death
• Simplify property division in the event of divorce
• Clarify financial responsibilities of the parties

For a prenup to be valid in many states, it must satisfy the following conditions:

• Prenup must be written and signed by both parties and properly executed.
• Prenup must have been read prior to signing.
• Prenup must not have been signed under duress.
• Prenup must not have false information or be unconscionable.
• Both spouses must have had independent counsel.

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Link to Prenuptial Agreements

This information provided by The Florida Bar