A prenuptial agreement, also known as a prenup or premarital agreement, is a legal document that outlines the financial and personal arrangements between two individuals before they get married. While prenups were previously only associated with the rich and famous, today, more and more couples of all backgrounds are opting to create prenuptial agreements before tying the knot.

A basic prenuptial agreement template outlines key financial and legal terms that couples may want to address in their prenup. Here are some of the most common clauses that are included in a prenuptial agreement:

1. Assets and Debts: A prenup will typically outline how property and debts will be divided in the event of a divorce. This may include spousal support, division of property such as houses, cars, and other personal belongings.

2. Inheritance: If one partner receives an inheritance, they may want to ensure that it stays with them in the event of a divorce. A prenup can outline how inheritance will be handled.

3. Business Interests: If one or both partners own a business, they may want to include clauses in their prenup that protect their respective business interests.

4. Alimony: A prenup can outline whether or not a spouse will be entitled to alimony if they divorce, and for how long.

5. Debts: If one spouse has significant debt, a prenup can address how it will be divided in the event of a divorce.

6. Children: A prenup can outline how custody and child support will be handled in the event of a divorce.

It’s important to note that prenuptial agreements vary based on the specific needs of each couple. Some couples may want to include clauses that address infidelity or other personal issues, while others may choose to focus solely on financial arrangements.

Creating a prenuptial agreement should be a collaborative effort between both partners, and it’s important to work with an experienced attorney to ensure that the document is legally binding and comprehensive in addressing all relevant issues.

In conclusion, a basic prenuptial agreement template can be a helpful starting point for couples who are considering a prenup. However, it’s important to remember that each agreement should be tailored to the specific needs and circumstances of the couple. With careful consideration and the guidance of an experienced attorney, a prenup can provide peace of mind and protection for both partners in the event of a divorce.