Now that you have clearly understood what is a prenuptial agreement, you should also know about the possible reasons that may be the basis for you to sign this agreement. Postnup Before a couple gets married, there are always things to be considered. Bringing in people from different backgrounds to live together requires some sort of an agreement for peaceful coexistence. What has been dominating over time is the prenuptial agreement, popularly known as prenup. It offered a perfect way for settling. AUSTRALIAPrenuptial agreements, known as "binding financial agreements," first became enforceable in Australia in 2000 with the enactment of the Family Law Amendment Act 2000. Part VIIIA of the Family Law Act sets forth particular provisions concerning the oversight to be given to such agreements by family law solicitors. According to a survey, 50% of all marriages in the US end in divorce – all the more reason to sign a prenuptial agreement to protect yourself against future financial losses. This is not just limited to wealthy spouses; instead, it is beneficial for both middle class and upper class spouses. The User Interface is quite intuitive and user friendly. The use of tabs for compartmentalizing information is brilliant and the information entry process can be completed in 10 minutes or less.