Prenuptial agreements are designed to address the financial rights and obligations of parties entering into a marriage rather than relying upon applicable state law in the event of death or divorce for determination of the parties’ rights. Spousal inheritance rights and divorce law can vary widely among states – the laws of the state where the marriage began may be very different than the laws of the state in which it ends. A prenuptial agreement should provide clarity of financial rights and obligations in the event of death or divorce regardless of applicable state law.
This advisory reviews the following:
- The goals and requirements of prenuptial agreements
- The four components of prenuptial agreements
- The timing of prenuptial agreements
To read this advisory in its entirety, click the PDF below.