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No - an engagement does not create any form of legal relationship. If you intend to create a prenuptial agreement you do not need to do that until sometime before the wedding.
Yes, the marriage is the legal relationship - not the engagement.
(Note - the term "partnership" is not a legally accurate description of a marriage, that is a term for a business relationship as far as legal terms go - there is nothing wrong with using this term in describing a marriage in general, but if you are using it for legal purposes - it is not quite accurate).