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 ?
Can I change a pre-nuptial agreement once I have entered into it?
A WARWICKSHIRE solicitor is advising couples to invest in pre-nuptial agreements because of an increase in the divorce rate.
Mr Follis said: "They are typical of many couples seeking pre-nuptial agreements - two career-minded people of independent means.
As family lawyers, we are often asked about the possibility of helping a couple make a pre-nuptial agreement.
The Law Commission's proposals would see pre-nuptial agreements given the same legal status as they currently receive in many other countries including the United States.
For people with substantial assets, pre-nuptial agreements should be seen as a sensible piece of financial planning.
Movie star Douglas and his Welsh bride hit the headlines when they thrashed out a pre-nuptial agreement aimed at protecting Douglas's pounds 150million fortune while providing for Catherine and their son Dylan.
LARRY Fortensky had a pre-nuptial agreement entitling him to about pounds 1 million from his marriage to Elizabeth Taylor.
THE use of pre-nuptial agreements looks set to continue rising with the arrival of same sex marriage.
The rise in celebrity culture in the 'noughties' also brought the mainstream popularisation of pre-nuptial agreements.
It is true to say that pre-nuptial agreements are not legally enforceable in themselves, but subject to them being drawn up properly with financial disclosure and proper legal advice, it is something which the court increasingly considers to be relevant as part of all of the factors they take into account when dealing with finances on the breakdown of a marriage.
Mr Crossley's lawyers said the final decision after the hearing in February next year should provide long-awaited clarification on the degree to which pre-nuptial agreements are binding in the courts.