A prenuptial agreement typically spells out how a coupleās finances and property would be handled if the marriage ends through divorce or the death of a spouse. It may address the division of assets such as real estate, bank and investment accounts, retirement savings, business interests, inheritances, debts, digital assets, and even pets. A prenup can also establish whether either spouse would receive spousal support (alimony) and under what circumstances. Although a prenup can clarify many financial matters, it generally cannot determine issues involving children, such as child custody or child support, because courts decide those matters based on the childās best interests and applicable state law.
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