Children. Prenups may be used to make sure your children get their fair share of assets when you pass. This is especially relevant if you have children from prior marriages. If there is no prenup in place, the surviving partner may have the right to the vast majority of your assets, leaving much less for your children.
Financial rights. It doesn’t matter what your financial situation is. A prenup is not only for the rich. Many like to clarify their responsibilities and financial rights during a marriage.
Arguments during divorce. By listing out exactly how they would like their property and other assets to be divided, the couple could prevent major disputes in case of a divorce. Another moment that can be specified in a prenup is whether or not either partner will receive alimony.
Protection from debts. Prenups can also be used to protect you from other party’s debts.