The full form of Prenup is Prenuptial Agreement. It’s used on Governmental ,Law & Legal in Worldwide

A prenuptial agreement, antenuptial agreement, or premarital agreement, is a written contract entered into by a couple prior to marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens when their marriage eventually ends by death or divorce. Couples enter into a written prenuptial agreement to supersede many of the default marital laws that would otherwise apply in the event of divorce, such as the laws that govern the division of property, retirement benefits, savings, and the right to seek alimony with agreed-upon terms that provide certainty and clarify their marital rights. A premarital agreement may also contain waivers of a surviving spouse’s right to claim an elective share of the estate of the deceased spouse.

A prenuptial agreement is used between two people who are about to be married. The agreement will outline responsibility for things like assets, properties, and future earnings. The form serves to protect both parties. Prenuptial agreements are very commonly used by couples who have substantial assets or earnings.

A prenuptial agreement form can be used for marriage or a civil union. Clauses can be included in the agreement for cases such as adultery in the relationship. This clause could include stipulations that state the adulterer will forfeit their rights to assets or property in the event of a divorce based on the adultery.

Prenuptial agreements are legal documents, but they do not have to be enforced if both parties are able to agree to another settlement in a separation or divorce scenario. These agreements do not have bearing on the custody of any children born into the marriage, as the children’s welfare will be considered first and foremost.