What are prenuptial agreements and why do some people believe they are so important?
A prenuptial agreement, sometimes called a premarital agreement, is a plan to control how property will be divided in the event of a divorce or death of a spouse. It is a contractual agreement that is either approved, or disapproved, by two persons who are engaged to be married. Some critics of prenuptial agreements believe that if love is the reason for the marriage, there should be no reason for such a contract. But for those who have lost major assets due to a bitter divorce, the reality of divorce is a real concern, and they learned the hard way that one who loves you today, may hate you tomorrow. In years past, prenuptial agreements were thought to encourage divorce, and was thought to be a tool for the rich and famous who wanted to protect their interests from those who wanted to marry them, not for love, but simply for the social status, or for their money. Most people don’t fully recognize the legal aspects of marriage until divorce becomes an impending reality, then they reali
