👉 The term "prenuptial agreement" refers to a legal document that is entered into between two parties, usually spouses, who are legally married. The purpose of this agreement is to clarify and outline certain financial arrangements before the marriage ends, such as property division, child support obligations, and alimony payments. In many jurisdictions, prenuptial agreements can be crucial for protecting the interests of both parties in case of divorce or separation. They can also help ensure that any assets acquired during the