The recent wedding of Travis Kelce and Taylor Swift has captured headlines around the world, from the star-studded guest list to the elaborate celebrations that followed. For family law attorneys, one question often comes up when celebrities get married: Did they sign a prenup?
A prenuptial agreement (often called a “prenup”) is a written contract entered into by both spouses prior to a marriage which sets forth how certain assets and debts will be handled in the event of separation, divorce, or death. Prenuptial agreements can be beneficial for anyone who may: own a business, hold significant savings/investments, own real estate, have children from a previous relationship, are expected to receive inheritance, or those who have entered the marriage with significant debt.
Similarly, a postnuptial agreement (often called a “postnup”) is a written contract entered into by both parties after a marriage. Similar to a prenup, a postnup can be beneficial for anyone who may: start a business during the marriage, receive a significant inheritance during the marriage, or for those couples who want to merely clarify financial responsibilities after their marriage.
Entering into a prenup or postnup does not mean that a couple is expecting divorce. Instead, these planning tools can help provide clarity and give spouses peace of mind by establishing expectations should unexpected circumstances arise. Whether you plan to get married with shiny things or paper rings, an experienced family law attorney can assist you in discussing whether an agreement will benefit you as well as what factors a court may look at in determining if these agreements are enforceable.
