A prenuptial agreement is a written agreement between parties made before they get married as to what is going to happen in the event of a termination of their marriage. It covers issues such as: separation and division of separate and marital property, whether and how much spousal support will be paid, allocation of debts and other issues.
A lot of people that get married are not aware of their future spouse’s financial situation: their debts and assets, The couple may not have a conversation on those topics prior to marriage.
A prenuptial agreement may help a couple begin to discuss these issues, may help them make sure they are on the same page about these issues prior to their marriage. Parties cannot complete a post marriage agreement here in Ohio so it is important for couples to have financial discussions prior to making their final marital commitment to each other.
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