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A prenuptial agreement, when properly negotiated, can protect the following assets and interests: Retirement or education funds that either party may have accumulated before marriage. Property that either party owns at time of marriage. Property interests of any children from previous relationships.

A prenup defines whether the assets you own like your house or car are separate property of one spouse or part of the marital estate. If you're considerably wealthier than your partner, a prenup is a good step towards ensuring that your partner isn't marrying you for your money.

And the answer is yes; prenups can protect both existing and future assets. Prenups can cover a wide range of issues, from finances to marital obligations to the relationship itself. Some of the most common things covered in prenups include: Division of assets and debts in case of divorce (and sometimes death)

You cannot sign a prenup after the wedding. Your only option after you're already married is a postnup. Another difference between prenups and postnups is the basis for signing the agreement. Prenuptial agreements are often signed as a precautionary measure to protect assets acquired prior to the marriage.

A prenup is a contract that is executed before marriage and can include many different topics, from keeping property separate to confidentiality. At its core, a prenup is designed to protect the individual assets of each spouse (if they want it to).

In Michigan, this legal action is called ?separate maintenance.? This is a court case between a married couple that can divide property and debt, decide child support, custody, and parenting time, and award spousal support. It is almost the same as divorce, except at the end of the case the couple stays married.