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Prenups are no longer only for the rich and famous, but what exactly are they? A prenup is a document that couples can sign prior to marriage which clarifies their respective financial rights and obligations. An effective prenup in the UK will make provision for any property, debts, income, and assets that a couple have purchased together, have acquired individually, or have brought into the relationship. Making suitable financial arrangements in the wake of a divorce can be complex and, in some cases, very contentious. Prenups help both parties in a relationship to establish their position in the event of break up and can limit costly litigation. Read on to find out what is a prenup, how does a prenup work, and why you need one...