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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.

Under the UPAA, all Indiana prenuptial agreements must be in writing and signed by both spouses. In general, future spouses should negotiate the terms of their agreement well before the wedding day, and each spouse should be represented by counsel.

Alternatives to Prenuptial Agreements Keep Separate Property. Assets you had before the marriage are considered non-marital property (or ?premarital property?). ... Consider a Post-nuptial Agreement. ... Look Into Creating a Living Trust.

A prenup describes the event that will trigger it, which is typically a divorce. The heart of the agreement is a list of individual assets each spouse-to-be owns separately at the time of the marriage, as well as a list of assets that will be considered marital property they own jointly.

§48-5-202. (a) A divorce may be ordered when the parties have lived separate and apart in separate places of abode without any cohabitation and without interruption for one year. The separation may occur as a result of the voluntary act of one of the parties or the mutual consent of both parties.

How to Ask for a Prenup Put yourself in their shoes. Start the conversation early. Choose the right moment. Read up on prenups together. Be honest and transparent. Be prepared for some awkwardness. Don't demand, converse. Listen genuinely, and don't interrupt.