A will is perhaps the most well-known type of estate planning document, and with good reason. Even if you use other tools to transfer the majority of your assets outside of probate, having a will can still serve a number of important purposes.

Most people who consider asking their fiancé to sign a premarital agreement do so for one primary reason: They have substantial assets that they want to protect in the event of a divorce. While this is a completely valid reason to broach the subject of signing a “prenup,” there are a number of other reasons to consider a premarital agreement as well – and many of these other reasons apply equally to both soon-to-be-spouses.