A Simple Prenuptial Agreement is a crucial document for couples planning to marry in Singapore who wish to establish clear financial arrangements before their marriage. This document is particularly relevant when either or both parties bring significant assets to the marriage, have business interests, or expect future inheritances. The agreement must comply with Singapore's legal framework, particularly the Women's Charter and contract law principles. It typically includes detailed provisions about asset division, maintenance obligations, and property rights, while requiring full financial disclosure from both parties. The document should be executed well before the marriage to avoid claims of duress, and both parties must receive independent legal advice to enhance its enforceability. While a Simple Prenuptial Agreement primarily focuses on financial matters, it can be customized to address specific concerns while remaining within Singapore's legal parameters.
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Key Requirements PROMPT example:
Simple Prenuptial Agreement
"I need a Simple Prenuptial Agreement under Singapore law for my upcoming marriage in March 2025, focusing on protecting my existing HDB flat and CPF savings, with standard clauses for asset division."
1. Parties: Identifies the parties entering into the agreement with their full legal names and addresses
2. Background: States the context of the agreement, including the intended marriage and the parties' desire to establish their financial arrangements
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Effective Date and Duration: Specifies when the agreement takes effect and its duration
5. Separate Property: Details how pre-marital assets will remain separate property of each party
6. Joint Property: Establishes how property acquired during marriage will be treated
7. Financial Disclosure: Confirms that both parties have made full and frank disclosure of their financial positions
8. Maintenance and Support: Outlines any agreed arrangements for spousal maintenance
9. Debts and Liabilities: Addresses responsibility for existing and future debts
10. Governing Law: Confirms Singapore law as the governing law of the agreement
11. Entire Agreement: States that this document represents the complete agreement between parties
12. Severability: Provides that if any provision is invalid, the rest remains enforceable
13. Execution: Signature blocks and execution requirements
1. Business Interests: Addresses treatment of business assets and income - include when either party owns a business
2. Inheritance and Gifts: Specific provisions for inherited assets or expected inheritances - include when significant inheritance is expected
3. Religious Requirements: Addresses any religious aspects of marriage or divorce - include when parties have specific religious requirements
4. Foreign Assets: Provisions for assets located outside Singapore - include when parties have overseas assets
5. Intellectual Property: Provisions for existing or future IP rights - include when either party has significant IP assets
6. Future Children: General provisions regarding future children's expenses - include when parties want to address this (noting court retains jurisdiction)
7. Review and Amendment: Provisions for periodic review of the agreement - include for longer-term certainty
8. Insurance Policies: Provisions regarding life or other insurance policies - include when significant insurance assets exist
1. Schedule A - Assets of First Party: Detailed list of first party's assets, their values, and supporting documentation
2. Schedule B - Assets of Second Party: Detailed list of second party's assets, their values, and supporting documentation
3. Schedule C - Joint Assets: List of any existing joint assets and their agreed treatment
4. Schedule D - Liabilities: Comprehensive list of each party's existing debts and liabilities
5. Schedule E - Financial Disclosure: Detailed financial statements and supporting documents from both parties
6. Appendix 1 - Certificate of Independent Legal Advice: Certificates from each party's lawyer confirming independent legal advice was given
7. Appendix 2 - Valuation Reports: Any professional valuations of significant assets mentioned in the agreement
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