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Prenuptial Agreements in Singapore – Secure Your Future with JCP Law
A prenuptial agreement, often called a prenup, is a legal contract that couples enter into before marriage, setting out how assets, debts, and other important matters will be dealt with if the marriage ends. Prenups are an effective way to provide clarity and peace of mind, especially when significant assets or prior family obligations are involved.
In Singapore, prenuptial agreements are becoming increasingly popular as couples recognise the importance of financial planning and protection. At JCP Law, we have extensive experience in drafting prenuptial agreements that comply with Singapore law while fully protecting our clients’ interests.
Are Prenuptial Agreements Enforceable in Singapore?
Prenuptial agreements in Singapore are subject to the discretion of the Family Justice Courts. The court will consider a prenuptial agreement as part of the evidence when determining how matrimonial assets are divided during divorce proceedings. To ensure consideration, a prenuptial agreement should be fair, entered into freely by both parties, and made without any form of coercion or undue influence.
The courts in Singapore typically uphold prenuptial agreements, provided they are seen as fair to both parties and protect the welfare of any children involved. However, certain provisions, particularly those involving child custody or support, will be reviewed by the court, which always prioritises the child’s best interests.
Why Consider a Prenuptial Agreement?
- Protect Individual Assets: If you own significant assets, such as property or a business, a prenup can help protect these assets and keep them separate from matrimonial property.
- Clarify Financial Responsibilities: Prenuptial agreements can help couples clearly define their financial responsibilities during the marriage, reducing the risk of disputes over money.
- Avoid Lengthy Disputes in Divorce: In the unfortunate event of a divorce, a prenup provides a framework for dividing assets, helping to avoid lengthy and costly disputes.
- Protect Children from Previous Relationships: If either party has children from a previous relationship, a prenup can ensure that certain assets are preserved for them.
Our Approach to Drafting Prenuptial Agreements
At JCP Law, we take a personalised approach when drafting prenuptial agreements. Our experienced family lawyers work closely with clients to understand their unique needs and ensure that the agreement reflects their wishes clearly and comprehensively. Our goal is to ensure fairness, transparency, and compliance with Singapore law.
Our Prenuptial Agreement Services Include:
- Initial Consultation: We start by understanding your financial situation, concerns, and goals for the future.
- Customised Drafting: We draft a prenuptial agreement tailored to your specific needs, ensuring that all important aspects are covered.
- Legal Advice and Representation: Our lawyers provide clear legal advice, explaining the implications of the agreement so you are fully informed before signing.
- Negotiation Assistance: If needed, we assist in negotiations between you and your partner to reach a mutually agreeable outcome.
Secure Your Future Today
If you are considering a prenuptial agreement, getting the right legal advice is crucial. JCP Law is here to guide you every step of the way, ensuring your future is protected. Contact us today to schedule a consultation and learn more about our prenuptial agreement services.
