A Prenuptial Agreement (also known as a premarital or ante nuptial agreement) is a legally binding contract that is entered into prior to a marriage or civil union. The agreement is designed to protect the financial and property rights of each party should the marriage or civil union be dissolved. Prenuptial agreements can specify who will receive what assets in the event of a divorce or death, as well as how debts will be divided. Prenuptial agreements can also include provisions for alimony, child support, and other matters. There are two main types of Prenuptial Agreements: traditional and non-traditional. Traditional Prenuptial Agreements are the most commonly used type. These agreements are typically tailored to the specific needs of the couple and include provisions for the division of assets, debts, and alimony. Non-traditional Prenuptial Agreements are more flexible and can include a variety of provisions, such as provisions for the division of property, debts, and alimony, as well as provisions for the protection of intellectual property.