Serving Butler, Clermont, Hamilton, and Warren County
What is a Prenuptial Agreement?
A prenuptial agreement, or premarital agreement, is a contract between persons planning to marry, concerning property rights upon divorce. A prenuptial agreement is made under the assumption that the marriage may not last forever, which suggests that it facilitates divorce. As in any contract case, courts reserve the right to void any that it finds unconscionable or to have been made under duress.
What Can Be Included In A Prenup?
While not an exhaustive list, the following items can be included in a prenuptial agreement:
Who will be responsible for expenses such as bills, debts, and personal spending
Whether income earned by either party is to be considered marital or separate property
Whether future assets such as a home, real estate, furniture and other valuables will be considered marital or personal property
What Cannot Be Included In A Prenup?
Prenups cannot restrict child support, child custody, or visitation agreements.
*In order for the prenuptial agreement to be valid, both spouses must sign the agreement and all properties and assets must be disclosed.
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