prenuptial agreement


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prenuptial agreement (antenuptial agreement)

n. a written contract between two people who are about to marry, setting out the terms of possession of assets, treatment of future earnings, control of the property of each, and potential division if the marriage is later dissolved. These agreements are fairly common if either or both parties have substantial assets, children from a prior marriage, potential inheritances, high incomes, or have been "taken" by a prior spouse. (See: antenuptial agreement)

prenuptial agreement

see ANTENUPTIAL AGREEMENT.
References in periodicals archive ?
Following recent reports that prenuptial agreements are soon to be given legislative support, comes a case in which the current attitude of the courts towards prenuptial agreements has been made clearer.
Spouses are often afraid to question a prenuptial agreement because they do not want to be perceived as marrying for money.
Dondero repeatedly attempted to nullify the prenuptial agreement and that she should not receive damages on her claims that Mr.
8220;Basically, if the prenuptial agreement meets certain criteria, such as financial disclosure, independent legal advice, no undue-influence and so on, then there will have to be a very good reason for the Court not to uphold it.
WITH January being the peak time for divorce, and one in three couples getting divorced in the UK, the divorce laws need to be clarified, in particular prenuptial agreements.
I'm sure it's often the case that the person being asked to sign the prenuptial agreement (usually the person in a worse financial position than their partner) can be made to feel like their partner doesn't trust them or that, by mentioning a prenuptial agreement, their partner is implying that they are only marrying for money.
Thus, if the divorce is easy and the division of property is determined by a prenuptial agreement then the costs are greatly reduced.
Paul Weltz, a partner in the law firm Weltz & Weltz who has worked on numerous celebrity prenuptial agreements, said a prenup between Jared and Ivanka would probably be incredibly detailed, since there is "theoretical," or inherited wealth involved.
There is often a view expressed that a prenuptial agreement is only applicable to the rich and famous.
All property, no matter whose name it is titled in, is thrown into one "pot" at the time of divorce and then divided equitably by the court unless there is a valid prenuptial agreement dictating otherwise.
About Ivana's challenge to Donald Trump's prenuptial agreement, Trump wrote, "[w]e needed a bus to get Ivana's lawyers to court.
We strongly recommended a prenuptial agreement in order to protect the depletion of the executives' assets.