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Six things you need to know about antenuptial contracts

Should you be thinking of going down the pre-nup route, there are factors you need to consider (Shutterstock)

An ante-nuptial contract also referred to as a premarital, a prenuptial or pre-nup, in short, is an agreement between couples that is signed before a marriage commitment. An ante-nuptial contract is meant to set out the distribution of assets in the event of death or divorce. The agreement also relays the terms regarding asset possession and utilization of financial earnings during the marriage.

Should you be thinking of going down that route below are some factors you need to consider when signing up for an ante-nuptial contract.

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