What effect does a prenuptial agreement have?

The parties may agree on the division of property and assets before entering a marriage by executing a premarital agreement. Under the Uniform Premarital Agreement Act, agreements made in contemplation of marriage become effective upon marriage. A valid premarital agreement can affect real and personal property, including earnings, other income, and retirement benefits. However, a premarital agreement has no effect on a court’s determination regarding child support, a child's healthcare insurance or expenses, or other childcare expenses.  Call Fair Price Lawyers today at (801) 999-0104 to discuss creating a premarital agreement for you.