married people are turning to a , a legal document that specifies how a couple's assets will be divided if they divorce, but it is entered into after the couple is married.

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Even After Marriage Contract will be valid and that contract for diving assets is known as prenuptial agreement

A prenuptial agreement catalogues each person's property, assets and debts, and specifies each person's rights to that property if the marriage dissolves or if someone dies. While prenups are best known for dividing assets at divorce, they can also be used as a type of will.

A prenuptial agreement isn't just for wealthy people, though it's often used to protect a person’s wealth from a partner if there is a divorce. Those who are just starting their careers might also execute a prenup; it can help clarify financial and property issues, including debt repayment, should the union end. That can help make a divorce process less expensive and less painful for both parties.

What is a prenup?

A prenup contract may include:

  • How to divide property if the marriage ends
  • Spousal support agreement for payment amounts upon marriage dissolution
  • Terms for what triggers certain payments (such as violations of lifestyle clauses that are added to the document — although a court may ultimately deem things like infidelity clauses unenforceable)
  • Sunset clause allowing the agreement to expire after a specific period of time, such as after seven years of marriage
  • Language that allows a person’s premarital debt to continue with him or her after the divorce

Learn more about prenup here ; https://brainly.com/question/26030510?referrer=searchResults

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