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In this video tutorial, the concept of prenuptial agreements is explored, highlighting their importance given that nearly one-third of first marriages and up to half of second and third marriages end in divorce. It emphasizes that while couples may still be caught up in romance, planning for potential outcomes is practical and necessary. A prenuptial agreement is defined as a private contract between two individuals intending to marry, outlining how assets and debts will be distributed if the marriage ends or if one partner passes away. The video aims to provide essential information to help couples decide if a prenuptial agreement is suitable for them, especially since, without one, assets may be divided in ways the couple does not intend.