What Is A Prenuptial Agreement?

Video Transcription:

It’s an agreement between two parties who are about to get married, and it clarifies how, if they get a divorce, will assets be divided. It also clarifies to what extent can the parties leave assets when they die, to whoever they want to leave them to. State law says, “If I don’t have a prenup and I want to leave everything to my children, my wife, nonetheless, has a right to a certain percentage.” And every state is like that. If I don’t want her locked into that percentage. If I want to be free to leave my assets to whomever I want to leave them to, I need a prenup. Have more questions? Then contact us today to schedule a free consultation! Doane & DoaneTop rated Tax & Estate Planning Attorneys