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A Montana prenuptial agreement outlines asset ownership in the event of divorce and is particularly beneficial for individuals with significant assets or debts and those with previous marriages or children. It cannot address child custody or support. The video discusses the Uniform Premarital Agreement Act, which Montana has adopted, aimed at standardizing prenup laws. It also covers the signing requirements specific to Montana and reasons a prenup may be deemed invalid. Viewers are encouraged to download a prenup template and subscribe for more legal content from e-forms, the largest database of official legal documents.