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In this video tutorial, the importance of prenuptial agreements (prenups) is discussed, particularly in the context of rising divorce rates, with nearly one-third of first marriages and half of subsequent marriages ending in divorce. A prenup is a private agreement that outlines how a couple's assets and debts will be handled in the event of divorce or death. The video aims to equip viewers with basic information to determine if a prenup is suitable for them and their future spouse. It emphasizes that couples have significant flexibility in how they divide their assets, highlighting that without a prenup, asset division follows state laws, which may not align with the couple's wishes.
