Law, Life, and Society Premarital Agreement: Love, Money, and Marriage

wedding-322034_640In Thailand, it is not unusual to see established men marrying younger Thai women. There are also instances where couples are in their second relationship and both bring their own assets into a marriage. In these circumstances, it may be prudent to sign a premarital agreement.

A premarital agreement outlines the division of the property, debts, and spousal maintenance in the event of a divorce. While setting the division of financial assets is not romantic, it does help to preserve the couple’s expectations during the marriage.

In Thailand, premarital agreements are allowed but they have to be signed and concluded prior to the marriage. They cannot be contrary to the “public order or good morals”. While premarital agreements are generally concerned with the couple’s property, there have been instances where conditions of bad moral behavior such as adultery can result in a property dilution for the offending party.

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