PKWA Law was recently recognized as one of “Singapore’s Best Law Firms” in 2021 in a survey conducted by the Straits Times. PKWA Law is also consistently ranked by respected legal publications as a leading family law firm.
As a leading family law firm in Singapore, we frequently act for clients on their prenuptial agreement.
What is a prenuptial agreement?
A prenuptial agreement, commonly known as a ‘prenup’, is a legal contract entered into prior to marriage stating what happens to things such as finances and property in the event of divorce.
Prenuptial agreements are designed for people who are getting married but want some degree of protection about their finances and assets if the marriage breaks down.
Prenuptial agreements are not binding on the Singapore courts (that is, the Singapore courts are not bound to follow a prenuptial agreement). The Singapore courts will not uphold a prenuptial arrangement if it contravenes the requirements of the Women’s Charter. However, the Singapore courts will look at them to see if they should be followed. Hence, prenuptial agreements should be considered for anyone entering into a marriage with assets they wish to protect.
What are the terms usually included in our prenuptial agreement? .
Your prenuptial agreement will include the following terms (where applicable): .
- Ownership of property.
- How assets that are owned by one party before marriage should be divided (usually that party will retain that asset).
- How assets that are bought by both parties after the marriage are to be divided.
- Debts and liabilities owed by the parties to the marriage.
- The law governing the agreement.
Prenuptial Agreements in Singapore
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