Document background
A Nuptial Agreement is a crucial legal document in Indonesia for couples planning to marry who wish to establish clear property rights and financial arrangements different from the default matrimonial property regime. This document is particularly relevant when either party has significant pre-existing assets, business interests, or international properties. Under Indonesian law, the agreement must be executed before marriage and notarized in accordance with Law No. 1 of 1974 on Marriage and the Civil Code. It's commonly used by business owners, professionals with significant assets, individuals entering second marriages, or those with international connections. The agreement can cover various aspects including property division, debt responsibilities, business interests, inheritance rights, and financial obligations during marriage. Recent legal developments in Indonesia have made these agreements increasingly important for asset protection and clarity in financial arrangements between spouses.
