Pre Marriage Financial Agreement Template for Singapore

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Key Requirements PROMPT example:

Pre Marriage Financial Agreement

"I need a Pre Marriage Financial Agreement under Singapore law that protects my existing technology business and cryptocurrency investments, while ensuring fair treatment of future joint property acquisitions, as we plan to marry in March 2025."

Document background
Pre Marriage Financial Agreements are essential legal documents in Singapore for individuals seeking to establish clear financial arrangements before entering into marriage. These agreements, while not automatically binding, are considered by Singapore courts under the Women's Charter when properly executed. The document typically includes comprehensive financial disclosure, asset division plans, and provisions for future property acquisition. It's particularly crucial for high-net-worth individuals, business owners, or those with significant pre-marriage assets. The agreement must be executed with independent legal advice and full financial disclosure to maintain its integrity.
Suggested Sections

1. Parties: Full legal names and details of both parties entering into the agreement

2. Background: Context of the agreement, including intended marriage date and purpose of the agreement

3. Definitions: Key terms used throughout the agreement including 'matrimonial assets', 'separate property', etc.

4. Financial Disclosure: Declaration of both parties' assets, liabilities, and financial circumstances

5. Property Division: How existing and future property will be categorized and divided

6. Independent Legal Advice: Confirmation that both parties have received independent legal counsel

7. Governing Law: Specification that Singapore law governs the agreement

Optional Sections

1. Future Children Provisions: Financial arrangements regarding future children - use when parties want to address potential future children

2. Business Interests: Protection of business assets and future business ventures - use when either party owns or may own business interests

3. Inheritance and Gifts: Treatment of inherited assets or gifts received during marriage - use when parties expect significant inheritance or gifts

4. Review Mechanism: Provisions for reviewing and updating the agreement - recommended for long-term certainty and flexibility

5. Religious Requirements: Specific provisions required under religious law - use when either party is subject to religious law (e.g., Muslim law)

Suggested Schedules

1. Schedule A - Assets Schedule: Detailed list of each party's assets at time of agreement

2. Schedule B - Liabilities Schedule: Detailed list of each party's liabilities at time of agreement

3. Schedule C - Income Schedule: Current income and financial resources of both parties

4. Appendix 1 - Legal Advice Certificates: Certificates from lawyers confirming independent legal advice

5. Appendix 2 - Financial Disclosure Documents: Supporting financial documents and valuations

6. Appendix 3 - Witness Statements: Statements from witnesses confirming voluntary execution

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Industries

Women's Charter: Primary legislation governing marriage and divorce in Singapore, particularly Section 112 regarding division of matrimonial assets and Section 112(2)(e) concerning agreements between parties about asset division upon divorce

Supreme Court of Judicature Act: Legislation relevant for enforcement and jurisdiction matters in prenuptial agreements

Administration of Muslim Law Act (AMLA): Specific legislation applicable if either party is Muslim, requiring compliance with Syariah law principles

Full and Frank Disclosure Requirement: Legal requirement that both parties must provide complete financial disclosure, failure of which may void the agreement

Independent Legal Advice Requirement: Each party must receive and document independent legal advice before entering into the agreement

Fairness and Reasonableness Principle: Legal principle requiring that the agreement must not be unconscionable and terms should be reasonable at time of execution

Timing Considerations: Agreement should be executed well before the marriage, as last-minute agreements may be subject to legal challenge

Capacity Requirements: Legal requirement that both parties must have mental capacity and enter agreement without undue influence or duress

Future Provisions Consideration: Legal consideration for including provisions for future events such as children and property acquisition, including review mechanisms

Enforceability Status: Legal status that prenuptial agreements are not automatically binding in Singapore courts but may be considered as a factor in matrimonial proceedings

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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