What is a Prenup and Why Do You Need it?

Every guy should get a prenup before he gets married. (Sorry, dude. Things can change.) Here’s why.

By Eric Althoff

What is a prenup?

Congrats on finding “the one” you want to spend the rest of your life with. She’s smart and hot and funny and sexy and does crazy acrobatic things in the sack. And that’ll never change, right? Well maybe … and maybe not.

Also: 7 Rules For Getting Divorced

The marriage failure rate in America remains at or about 50 percent. Put another way: Heads you go the distance, tails you will split up. That’s why it’s important to consider a prenuptial agreement — aka prenup — before you tie the knot.

WHAT IS A PRENUP?
A prenuptial agreement is an accord between two spouses-to-be detailing precisely how the couple’s assets (cash, homes, cars, your autographed Toto LP collection) will be divvied up in the event of a divorce or death. The basic point of a prenup is to protect the interests of both parties to a marriage in the event that the magic fades or worse, there is infidelity, spousal abuse or neglect.

NEXT: Why Get A Prenup?

TAGS: breaking up, divorce, marriage, prenup, what is a prenup

 

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