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In the video tutorial, the importance of a prenuptial agreement (prenup) is discussed, highlighting its relevance for couples contemplating marriage. With divorce rates showing that about one-third of first marriages and nearly half of subsequent marriages end in divorce, a prenup may be both practical and necessary. A prenup is a private agreement that outlines the distribution of assets and debts in the event of a divorce or death of one partner. Couples have significant freedom in determining how to divide their property. The video aims to provide essential information to help individuals decide if a prenuptial agreement is appropriate for their relationship.