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Answer: Family & College, Marriage, General

What is a prenuptial agreement?

If you’re getting married and either of you has children, has been married before, or has a large estate, you or your intended may want to formulate and sign a premarital agreement -- also known as a prenuptial agreement or, simply, a pre-nup.

Prenuptial agreements define the separate properties brought into the marriage and your financial intentions after you’re wed.

Premarital agreements may contain a limitation or waiver of alimony should you ever divorce, or a provision under which one spouse gives up all rights or limits his or her rights to the other’s estate.

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