Prenuptial Agreement Lawyers
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Prenuptial agreements should be considered for anyone entering into a marriage with assets they wish to protect. Contact PKWA law for a no obligation consultation.
PKWA Law is ranked by The Straits Times as one of Singapore’s Best Family Law Firms. Our lawyers are also consistently named as leading Singapore family lawyers by publications such as Benchmark Litigation, Asian Legal Business, Singapore Business Review, and Doyle’s Guide.
You fall in love and get married. In an ideal world, you and your spouse live the rest of your lives happily together. But what if you do split up, and the assets must be divided? Who will receive each determined asset?
A prenuptial agreement can help determine your future by making an agreement before you get married relating to a property, spousal maintenance, childcare issues, etc., in the event of a divorce.
Examples of issues agreed upon with a prenuptial agreement
- You could determine the specific percentages of property each spouse would receive in the event of a divorce. Such an agreement could be used, for instance, where one party comes into the marriage with a property while the other has no property.
- Division of assets. One party may enter the marriage with debts, and the other party uses their assets to pay the debt. This could be reflected in the division of assets in the event of a divorce.
- If a couple have children when they enter the marriage, they may wish the agreement to acknowledge that some assets should not be transferred to the other party but be retained for their children.
The benefits of a prenuptial agreement include:
- a degree of certainty for the future;
- asset protection;
- protection from liabilities incurred by the other party; and
- retaining control of a family business and heirlooms.
Why do you need a lawyer to draft your prenuptial agreement?
If your agreement contravenes the Women’s Charter, your agreement is unlikely to be upheld if the matter goes before the Singapore courts.
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If you have any questions, please get in touch to discuss your situation.