A prenuptial agreement, also known as a prenup, is a legal document signed by a couple before getting married. It outlines how assets and debts will be divided in case of a divorce or separation. Prenups have been traditionally associated with the wealthy, but in recent years, more and more couples, including those without significant assets, are signing them.

Recently, NPR published an article discussing prenuptial agreements and their increasing popularity. The article highlights some of the reasons why couples are opting for prenups and what to consider before signing one.

One of the main reasons couples choose to sign a prenup is to protect their assets. This could be particularly important for those entering a marriage with property, investments, or other valuable assets. With a prenup in place, both parties can agree on how these assets will be divided in case of a divorce, which can avoid lengthy and costly legal battles.

Another reason why couples may opt for a prenup is to specify financial responsibilities and obligations within a marriage. This includes issues such as debt and spousal support. By outlining these obligations beforehand, both parties can avoid misunderstandings and conflicts down the road.

It`s important, however, to note that prenups aren`t always foolproof. They can be challenged in court, and a judge may not necessarily enforce all of the terms outlined in the agreement. Additionally, prenups must be fair and reasonable for both parties. If the agreement is too one-sided, a judge may invalidate it.

If you`re considering a prenup, it`s important to consult with an attorney experienced in family law. They can help you understand the legal implications of a prenup and ensure that it`s drafted fairly and impartially.

In conclusion, though prenuptial agreements aren`t for everyone, they can be a valuable tool for those looking to protect their assets and outline financial obligations within a marriage. Before signing a prenup, it`s important to understand the legal implications and consult with an experienced attorney.