Prenuptial Agreements Overview

Prenuptial Agreements Overview

What is a prenup?

A prenuptial agreement—commonly referred to as a “prenup” or a premarital agreement—is a contract that two people can enter into before they get married that outlines what will happen in the case of divorce or death. Prenuptial agreements often include information on how the money and property will be divided in case of divorce, as well as other factors such as spousal support.

What Kinds of Things Are Typically Included in a Prenuptial Agreement?

The Nevada Revised Statutes, Chapter 123A deals with prenuptial agreement details. Some of the things listed there include:

  • The rights of each spouse to certain property
  • The rights of each spouse to buy, sell, lease, mortgage or control property
  • The division of property in the case of separation, divorce, and death
  • Alimony/spousal maintenance
  • Wills, trusts, and life insurance policies

Why are prenuptial agreements important?

A prenuptial agreement is important for many different reasons. It can ensure that family and business assets are protected. In the case of death, if there is no will, a prenuptial agreement can make sure a person’s assets go where that person intended. In the case of divorce, prenuptial agreements can safeguard property and resources that one spouse had before they were married, including businesses and homes.

How do I get a FREE consultation regarding prenuptial agreements?

Call our office at (702) 476-9629 to schedule your FREE initial consultation.

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