premarital agreement

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Also known as prenuptial agreements or antenuptial agreements.

Contracts made by parties to a marriage prior to the marriage that may determine matters such as one party's rights in the estate of the other in the event of the death of one of the spouses. Such contracts also may determine what to do regarding issues that are likely to come up as a result of divorce such as alimony or property division. Such agreements must meet the requirements of contract law with the exception that separate consideration is not required in most jurisdictions.