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What are prenuptial contracts?

Jared and Erika are getting married, but Jared has children from a previous marriage. They decide to sign a ________ to provide for ________ children from a previous relationship. Jared also makes a ________ to his will that gives Erika his home.

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Final answer:

Prenuptial agreements, or prenups, are contracts made before marriage to outline asset distribution in case of divorce or death, often favored by wealthy individuals.


Explanation:

Prenuptial agreements, also known as prenups, are contractual agreements entered into by couples before marriage to define the distribution of assets in case of divorce or death. These agreements are particularly common among wealthy individuals and those with significant assets, aiming to protect their wealth and assets.


Learn more about Prenuptial agreements here:

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