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Allison Anna Tait, Professor of Law, University of Richmond

Beyoncé has a prenup − but do you need one if you're not a millionaire?

Jeff Bezos Divorce United States
A prenup allows couples to separate their debt from the debts of their spouse. Kevin Mazur via Getty Images

A prenuptial agreement can seem like something only high-profile people like Jeff Bezos – with his US$138 billion fortune to protect – actually need.

But prenups – contracts entered into before marriage that detail how assets will be divided in the case of divorce – can be a good idea for anyone going into a marriage, according to lawyers and marriage counselors. They have been in regular use since 1983, when a group of attorneys and law professors drafted the Uniform Premarital Agreement Act, a set of rules regulating prenups that 28 U.S. states have since adopted.

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