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Clearly, prenups are good tools to be considered and used in some cases to pre-decide the future and minimize costs and conflict on death or divorce. However, they can be much, much more, and, frankly, train-wreck your future.

In Kentucky, a prenuptial agreement must be in writing and voluntarily signed by both spouses. Courts won't enforce oral promises made by one spouse to the other if they are not part of the written agreement. The agreement can't be tainted by fraud, duress, or mistake.

5 min read. . A prenup, or prenuptial agreement, is a contract between two people that's created before they get married. It typically lists each person's assets, debts, and outlines how they'll be handled should the couple divorce later on. Prenups can be a valuable financial tool.

To give your prenuptial agreement the best chance of being considered by the court you must: have the prenuptial agreement drawn up by a qualified family law expert. both seek independent legal advice. fully understand the agreement and agree to it willingly. disclose all assets and property fully.

A Prenuptial Agreement in Canada will set what property, asset, or debt each person is bringing into the marriage and shall specify the terms and conditions of the division of ownership of property, assets, debts, and spousal support at the time of separation or divorce.

Preparing to Draft Your Agreement Defining what property is separate property and what is community property (belonging equally to the couple) Clarify agreements between the spouses. Establish how future matters will be decided. Support your estate plans.