When people marry, they often take for granted that they are agreeing to a default set of rules and regulations that will govern how they share their income and assets. Most people who get married do not spend a great deal of time thinking about what kind of economic arrangement they want to have with their spouse as they build their lives. Premarital agreements can help parties clarify their intentions before marriage. It can assist them in setting rules that are specific to their relationship and can help the parties streamline a painful process of separation should they decide later to divorce.
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