A Prenuptial Agreement or Marriage Contract usually deals with what will happen to property and other interests should there be a breakdown in a relationship. It can also deal with how these things will be handled during the marriage. A Prenuptial Agreement is usually made prior to couples marrying. Prenuptial Agreements typically are considered for the following reasons:
- The main reason couples enter into a Prenuptial Agreement is to give themselves a level of certainty on how property is to be dealt with if the marriage terminates;
- A Prenuptial Agreement can also deal with issues relating to spousal support (or alimony).
- Some couples may also include in a Prenuptial Agreement such things as how finances are to be dealt with during the marriage etc.
Usually Prenuptial Agreements do not deal with issues relating to guardianship of children, parenting time, child support etc. The courts tend not to enforce such clauses in Prenuptial Agreements. It’s always best to be prepared, and at Kurie Queck LLP, we draft prenuptial agreements so you can protect yourself and your rights in the event of divorce.