Prenuptial agreements have a bad reputation — often seen as unromantic or only for the rich. The reality is more practical, and a lot less dramatic.

What a prenup is

A prenuptial agreement is a contract made before marriage that sets out how certain financial matters — typically property and debts — would be handled if the marriage ends. It brings clarity to issues many couples never discuss otherwise.

Myths vs facts

  • Myth: "Prenups mean you expect divorce." Fact: they're about clarity and planning, like any insurance.
  • Myth: "Only wealthy people need them." Fact: they can protect a business, debts, or assets of any size.
  • Myth: "They cover everything." Fact: courts often limit what a prenup can decide, especially regarding children.
For a prenup to hold up, it generally needs to be entered freely, with honest financial disclosure and often independent legal advice for each party. Pressure or hidden assets can make it unenforceable.

What they usually can't do

Prenups typically can't predetermine child custody or child support, and courts may set aside terms that are grossly unfair or improperly made.

The bottom line

A prenup is a planning tool, not a prediction of failure. Done properly and fairly, it can give both partners clarity and peace of mind.

General information only, not legal advice. Enforceability varies by jurisdiction; each party should get independent advice.