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Simple English definitions for legal terms
prenuptial gift
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A quick definition of prenuptial gift:
A prenuptial gift is when one person gives something to their future spouse before they get married. It's like a present, but it's given before the wedding. Sometimes people give prenuptial gifts to make sure that the gift stays their own property, even after they get married. It's also called an antenuptial gift.A more thorough explanation:
Definition: A gift of property from one spouse to another before marriage.
Example: John gives his fiancé, Jane, a diamond necklace as a prenuptial gift before they get married.
Explanation: A prenuptial gift is a gift given by one spouse to another before they get married. In some states, prenuptial gifts are made to preserve the property's classification as separate property. For example, if John gives Jane a diamond necklace before they get married, it will be considered her separate property in case of a divorce.