Thailand allows couples to enter into a Prenuptial Agreement. These contracts are legal documents that protect one spouse from the debts of the other. They are usually difficult to draft, but they can reduce the emotional and financial burden of a divorce. The prenuptial agreement should be in writing and registered at the same district office where you registered your marriage.
Protect Your Assets
A prenuptial agreement in Thailand can be used to protect your assets in the event of a divorce. Using a prenup will help you avoid a costly court battle. However, your agreement must be in accordance with public morals and good order. A Thai lawyer can help you draft a prenup so that it meets the legal requirements.
A prenuptial agreement will protect the interests of either party and minimize the financial and emotional costs of a divorce. It will also outline the division of property between the two people. The agreement will also outline any child support arrangements, if any.
Enforceable in Thailand
While prenuptial agreements in Thailand are generally enforceable, there are some exceptions. For example, the agreement cannot specify that the husband will receive all the property or that the wife will receive all the assets in the event of the couple’s divorce. Furthermore, a prenuptial agreement in Thailand cannot specify the law of another country.
A prenuptial agreement in Thailand is important for couples who want to protect their assets. These agreements guarantee that each partner will receive a minimum share of the combined assets. These can vary depending on the number of years a couple has been married.