Define: Premarital Agreement

Premarital Agreement
Premarital Agreement
Quick Summary of Premarital Agreement

An agreement made by a couple before marriage that controls certain aspects of their relationship, usually the management and ownership of property, and sometimes whether alimony will be paid if the couple later divorces. Courts usually honour premarital agreements unless one-person shows that the agreement was likely to promote divorce, was written with the intention of divorcing or was entered into unfairly. A premarital agreement may also be known as a “prenuptial agreement.”

What is the dictionary definition of Premarital Agreement?
Dictionary Definition of Premarital Agreement
n. also called an antenuptial agreement, a written contract between two people who are about to marry, setting out the terms of possession of assets, treatment of future earnings, control of the property of each, and potential division if the marriage is later dissolved. These agreements are fairly common if either or both parties have substantial assets, children from a prior marriage, potential inheritances, high incomes, or have been "taken" by a previous spouse.
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This glossary post was last updated: 28th March, 2024.

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