A prenuptial agreement is a type of contract that legally ties or binds those parties to it. This stipulation reflects how you and your spouse will have assets divided if you file for a divorce later on. Also, the parties can lay down many other financial concerns in a prenup, such as the spousal support, the child support and the like.
Usually, a party will need to come up with a full inventory of their assets and debts. The same is true for the other party. This is to make sure that if they desire to keep their property separate, they can easily label each property as separately owned. Prenuptial agreement contracts are made useful when one has a business.
