Financial Glossary

Here you’ll find clear and concise explanations of key financial terms and concepts. Our goal is to help you better understand essential topics across the financial world.

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Prenuptial Agreement

A prenuptial agreement (prenup) is a legally binding contract entered into by two people before marriage that sets the terms for dividing assets, debts, property rights, and spousal support in the event of divorce or death. It allows couples to control many legal rights that would otherwise be governed by default marital laws, offering a way to clarify financial arrangements, protect individual interests, and provide certainty for both parties. A valid prenuptial agreement usually requires full disclosure, voluntary consent, fairness, and adherence to state-specific signing requirements, and cannot dictate issues related to child custody or support.

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