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Cheap Prenuptial Agreement

Cheap Prenuptial Agreement Template for New Zealand

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Key Requirements PROMPT example:

Cheap Prenuptial Agreement

"I need a Cheap Prenuptial Agreement before my wedding in March 2025 that mainly protects my apartment and savings account, while my partner just needs to protect their inheritance - we want to keep it as simple as possible."

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Document background
This Cheap Prenuptial Agreement template is designed for couples in New Zealand seeking a cost-effective way to establish basic property rights before marriage or civil union. It complies with the Property (Relationships) Act 1976 while maintaining simplicity and affordability. The document is particularly suitable for couples with straightforward financial situations who want basic protection of pre-existing assets without incurring significant legal costs. It includes essential provisions for property division, basic asset schedules, and mandatory legal certifications, while omitting more complex provisions that might be found in comprehensive prenuptial agreements. The template ensures that even budget-conscious couples can access basic legal protection for their assets while meeting all statutory requirements under New Zealand law.
Suggested Sections

1. Parties: Identifies the parties entering into the agreement with their full legal names and addresses

2. Background: Sets out the context of the agreement, including the parties' intention to marry and their desire to determine property rights

3. Definitions: Defines key terms used throughout the agreement, including 'separate property', 'relationship property', and other relevant terms

4. Purpose of Agreement: States the parties' intention to contract out of the Property (Relationships) Act 1976 and establish their own property arrangements

5. Separate Property: Identifies and confirms what property will remain separate property of each party

6. Relationship Property: Defines how property acquired during the relationship will be classified and divided

7. Division of Property on Separation: Specifies how property will be divided if the relationship ends

8. Disclosure: Confirms that both parties have made full disclosure of their assets and liabilities

9. Independent Legal Advice: Confirms that both parties have received independent legal advice as required by law

10. Execution: Formal signing section including witness and solicitor certifications as required by the Act

Optional Sections

1. Future Property: Used when parties want to specify how future acquisitions will be treated

2. Inheritance and Gifts: Include when parties expect to receive significant inheritances or gifts that need protection

3. Business Assets: Required when either party owns a business or plans to start one

4. Debt Management: Include when parties have significant existing debts or want to specify how future debts will be handled

5. Children's Provision: Used when parties want to specify arrangements for existing children's property or future inheritance

6. Review and Amendment: Include when parties want to specify conditions for future review or amendment of the agreement

7. Death Provisions: Used when parties want to specify property division in case of death rather than separation

8. International Assets: Required when either party has overseas assets or anticipates acquiring them

Suggested Schedules

1. Schedule A - Party 1's Assets and Liabilities: Detailed list and values of first party's assets and liabilities at the time of agreement

2. Schedule B - Party 2's Assets and Liabilities: Detailed list and values of second party's assets and liabilities at the time of agreement

3. Schedule C - Joint Assets and Liabilities: List of any existing joint assets and liabilities if applicable

4. Schedule D - Certificates of Independent Legal Advice: Signed certificates from each party's lawyer confirming independent legal advice

5. Schedule E - Valuations: Any professional valuations of significant assets such as properties or businesses

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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