How Much Does a Prenuptial Agreement Cost?
Based on recent projects completed on ContractsCounsel, the average flat fee to draft a prenuptial agreement is $890.00 [1] on a flat fee basis. Based on recent projects completed on ContractsCounsel, the average flat fee to review a prenuptial agreementis $540.00 [2] on a flat fee basis. These cost points come from recent prenuptial agreement projects on the ContractsCounsel platform and are averages from across all US states.
ContractsCounsel is one of the largest online legal marketplaces, with over 1,000 verified attorneys. Many of these lawyers help clients with legal tasks related to prenuptial agreement projects — ensuring legal terms are properly structured and risks are clearly understood.
See Prenuptial Agreement Pricing by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
The above pricing is the mean from all projects across the United States when clients hire lawyers on the ContractsCounsel platform. Pricing may vary from state-to-state and project-to-project, depending on how complicated the prenup is. The above information is to serve as a reference point only and you may receive different pricing when using our marketplace.
See Prenuptial Agreement Pricing by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
What is a Prenuptial Agreement?
Prenuptial agreements are legal contracts that couples sign before getting married that establishes an agreement about how assets and liabilities will be handled between the couple in the event of a divorce.
Prenups are surprisingly common and becoming more popular each year. This trend could be for a couple of reasons:
- It is more common for couples to wait to get married so they accumulate more assets before marriage.
- The increased prevalence of divorce in previous generations (kids watching parents getting divorced).
Getting help from a family lawyer to draft a prenuptial agreement is highly encouraged because prenups are complicated and must fit certain requirements to be legally enforceable. Prenups must include specific information, and if prepared incorrectly, the contract may not hold up in court.
What's Typically Included in a Prenuptial Agreement?
Terms included in a prenuptial agreement will vary depending on the couple's personal needs, assets, liabilities, and how detailed they want the agreement to be.
Although agreements can differ significantly from couple to couple, it is common to find the following items in a prenuptial agreement:
- Premarital assets and debts: Prenuptial agreements need to establish what assets and debts each person have before entering the marriage and how these assets and debts will be treated after the wedding. If one person owns a house before getting married, will they jointly own the home after the couple weds?
- Marital assets and debts: Most states treat any property gained during the marriage as equally owned by both spouses. Your prenuptial agreement, however, can keep certain assets or debts you plan to accumulate separately. If one spouse plans to go back to school and accumulate student loans after the marriage, the prenup can establish that the debt is that spouse's responsibility alone.
- Children from a previous relationship: If either spouse has children from a previous relationship, a prenup should detail how the children will be provided for and instructions for inheritances.
- Family Property: If either spouse has family heirlooms or a family business, they can protect this asset and ensure it stays in the family by adding this as a provision in the prenuptial agreement.
-
Marital Responsibilities:
Some couples will outline marital expectations in the prenuptial agreement. These expectations must be related to finances. Some examples include:
- Who is expected to pay specific bills
- How tax returns will be filed
- How bank accounts will be handled
- How investments will be handled
- Agreements about large purchases
- Property division in a divorce: One of the most important terms in a prenuptial agreement is how the couples’ assets will be divided if they divorce. This avoids a complicated, emotionally charged legal process after the breakdown of the relationship has already occurred.
Benefits of Using an Attorney for Your Prenuptial Agreement
Hiring an attorney to draft or review a prenuptial agreement is crucial to ensure the document’s legality and enforceability. Prenups are not simple documents; they must meet specific legal requirements, and any errors or omissions could render them invalid in court. Here’s why working with an attorney is essential:
- Ensures Legal Compliance: Attorneys are knowledgeable about the legal standards that a prenup must meet. Each state has its own rules regarding prenuptial agreements, such as required disclosures, witness or notary signatures, and timeframes for review before signing. A lawyer ensures your prenup meets these standards, making it legally binding and enforceable.
- Avoids Future Disputes: When both parties work with separate attorneys, it helps guarantee that each party’s interests are protected and the agreement is fair. This reduces the chances of one party later claiming they were pressured or misled during the prenup’s creation. Legal representation ensures transparency and fairness, minimizing the risk of disputes down the line.
- Provides Peace of Mind: Working with a professional allows you to discuss your concerns, customize the agreement to suit your needs, and know that all aspects are covered. An attorney’s expertise offers reassurance that, should the marriage end, you are legally protected according to the terms you agreed upon.
- Prepares for Complex Situations: For couples with significant assets, businesses, or children from previous relationships, the details in a prenup can be complex. An attorney can navigate these complexities and ensure the agreement is structured properly, addressing all potential future scenarios, such as inheritance issues or business valuation.
Benefits of a Prenuptial Agreement
Prenuptial agreements provide many benefits to couples who are entering a marriage. Some benefits include:
- Protection for children from previous marriages
- Comprehensive planning for the future
- Protection from premarital debts
- Protection for personal property
- Avoiding a typical divorce settlement
Divorces are often long, drawn-out, emotionally charged, and expensive. Most of the fighting during a divorce occurs over assets and debts. When a premarital agreement is in place, all the decisions about property division are already made. This saves a couple from the additional stress, pain, and financial burden during an already challenging time.
Common Myths About Prenups
Many misconceptions surround prenuptial agreements, which can discourage couples from considering them. Let’s debunk some of the most common myths:
- Prenups Are Only for the Wealthy: This is perhaps the most widespread myth. While prenups are certainly used by individuals with significant assets, they are beneficial for anyone who wants to set clear expectations before marriage. Whether you have a modest income, own a small business, or plan to accumulate assets together in the future, a prenuptial agreement helps outline how those assets will be managed and divided. It’s about planning for all scenarios, not just protecting wealth.
- Prenups Show a Lack of Trust: Some believe that asking for a prenuptial agreement indicates distrust or a lack of commitment. In reality, prenups are about open communication and planning for the future. They encourage couples to discuss important financial matters, set expectations, and make decisions together before marriage, which can strengthen trust. A well-structured prenup is a tool for transparency, not suspicion.
- Prenups Only Protect the Richer Partner: It’s a common belief that prenups are solely designed to shield the wealthier spouse. However, prenups can be tailored to provide protection for both parties. They can include provisions that benefit the lower-earning partner, such as spousal support arrangements or protection from debts that may arise during the marriage. A balanced prenup ensures both parties’ interests are represented fairly.
- Prenups Aren’t Necessary for Second Marriages: Second marriages often come with more complexities, such as children from previous relationships, inheritances, or blended family dynamics. Prenups can help address these complexities by specifying provisions for children and outlining how assets will be managed, ensuring that everyone’s interests are considered. Even if it’s not your first marriage, a prenup can provide clarity and peace of mind.
Types of Prenup Projects
- Drafting a Prenup: Attorneys consult with couples to understand their assets, debts, and family situation (e.g., children from past marriages, business ownership). They draft an agreement reflecting these details, which the couple reviews and signs. Costs vary based on complexity.
- Reviewing a Prenup: If asked to sign a prenup they didn’t draft, individuals often hire a lawyer to ensure fairness and legal compliance. Reviews check legal requirements, asset updates, and enforceability. Costs depend on length and negotiation needs.
- Disputes: Valid prenups must be fair, signed by both parties, and provide a minimum review period (e.g., 7 days). Challenges include claims of duress, misrepresentation, or incapacity. In some states, a lack of separate attorneys for each party can render the prenup invalid.
How Much Does it Cost to Draft a Prenup?
A couple will incur legal fees if they choose to hire a lawyer to draft a prenuptial agreement. The fees account for the time of the lawyer to gather all of the correct information, draft a copy of the agreement, make any revisions, and be present during the signature if asked to do so.
According to ContractsCounsel's real marketplace data, the average prenuptial agreement drafting costs are $890 across all.
How Much Does it Cost to Review an Existing Prenup?
If you need a prenuptial agreement reviewed, hiring a lawyer will come with fees. Your attorney will need to speak with you about your financial, family, and professional situation and read over the prenup to analyze the terms to make sure you are protected and it is legally enforceable.
ContractsCounsel's marketplace data shows the average prenuptial agreement review costs to be $540 across all states.
How Do Lawyers Charge for Prenups?
Family lawyers charge for services in various ways; however, the two most popular payment structures used are hourly rates and flat fees.
Hourly Rates for Prenups
Hourly rate fee structures are the most common fee structure for family attorneys. With this fee structure, a lawyer will bill a client at a set hourly rate for working on the matter or project.
An hourly rate payment ensures that the lawyer is fairly compensated for all their time working on a client's case, and is typically a good option for when the amount of work needed is open-ended. This may be the case if a lawyer plans to negotiate on behalf of their client. However, it does create a situation for the client where they may not know the total bill until the project is finalized.
The marketplace data for ContractsCounsel shows the average hourly rate for a family lawyer ranges from $200 - $350 per hour.
Flat Fee Rates for Prenuptial Agreements
It is becoming more common to see a flat fee billing structure for contract-related projects, like drafting or reviewing a prenuptial agreement. In a flat fee payment structure, attorneys will provide a flat fee price to the client for the proposed services, which is an all-in rate.
The client usually prefers flat fee rates because they know exactly how much they will be spending for legal services. It is vital, however, that the client knows what is included in the flat fee rate.
When drafting a prenup, there is usually a meeting with the clients, and then the attorney must prepare the contract. After looking over the prenup, the clients may decide it needs revisions. In some states, the attorney may also be required to be present at the signing. It should be made clear whether the flat fee includes these extra meetings and services.
ContractsCounsel's marketplace data shows the average flat fee rate for prenuptial agreement costs to be $700.
Who Should Consider a Prenup?
Many people believe prenups are only for the ultra-wealthy. This is not true, and prenuptial agreements are becoming more popular as time goes on, especially in the younger generation or relating to second marriages. Prenups establish an agreement before a marriage as to what happens in the event of a divorce.
Some common reasons people consider getting a prenup are:
- Significant Difference in Net Worth. If there is a significant difference in net worth between the individuals getting married, a prenuptial agreement will outline what happens to those assets in the event of a divorce.
- Inheritance. If one or both members of a couple plan to inherit a significant sum of money, assets, etc., getting a prenup will set expectations to what happens with that inheritance in case there is a divorce.
- Kids from Previous Marriage. If someone has kids from a previous marriage, a prenup may help protect these children’s inheritance by setting up rules as to what happens in the event of a divorce.
- Own a Business. If someone owns a business in a relationship, a prenup will allow the individual to outline what happens to the business assets in the event of a divorce.
How To Get a Prenup
There are many options to explore when deciding to get a prenup. Below are some to consider:
- Use an online legal platform. There are online legal platforms now that allow people to find and hire lawyers. ContractsCounsel is one of them and by posting a project, you will receive multiple quotes for your project from vetted lawyers to consider to save you time.
- Google law firms. If you Google ‘ prenuptial agreement lawyer ’, there will be many results on the search page. You can go to websites of the law firms and make inquiries to get help.
- Go to State Bar Websites. All State Bars have websites with their members. You can go to these websites and reach out to lawyers to see if they can help.
- Ask for a Referral. You can ask your personal and professional network for a referral to a family law lawyer.
Are You Ready to Protect Your Assets Before Marriage?
Find a vetted family lawyer on ContractsCounsel today and take the first step toward securing your financial future.