Couples sometimes enter in prenuptial agreements or separation agreements to avoid disputes in the event of divorce.
Such contracts can deal with property rights, support, child custody and visitation. You may be able to enter into such agreements before or during marriage. Unmarried couples living together sometimes use a contract to specify their expected rights and responsibilities, and may enter agreements similar to the ones used my married couples.
Separation agreements routinely specify who, in the event of a divorce, will have custody of children, and stipulate the frequency and duration of visits by the other spouse. Prenuptial and separation agreements can also address various contingencies such as selling your home and valuing one another’s interest in pension plans.
Such contracts might also require that a spouse pledge property to be forfeited for failure to comply with the agreement.