These are the advantages of a prenuptial agreement. Once a marriage is to be dissolved or to be terminated, claims and distribution of assets will be a main issue. Not everyone hopes for a marriage to fail, but, in the event of divorce, having a Thai prenuptial agreement would benefit each party giving security on what you are entitled to have after the divorce.

Advantages of a PrenuptialAdvantages of a Prenuptial

Thailand prenuptial agreement includes the collection of specified details relating to possessions before and during the marriage. Each party could enlist the assets, properties and all others which they want to be claimed solely, or shared with spouse. Drafting a Thai prenuptial agreement prior to marriage has never been easy, this is a complex issue that has been proved with advantages for both.

Advantages of having a prenuptial agreement in Thailand:

  • It gives assurance with regards to owned properties and the management of these from both parties. This contract will provide clear and specific information of how assets are managed in case of divorce. This will serve as their guide that outlines all properties involved.
  • Distribution of properties on dissolved marriages takes time. Having a prenuptial agreement would take lesser time causing less expenses to determine which property is owned by whom.
  • Through and by this agreement, it gives security for the debts, past and current payable s by each spouse. It will highlight details and management of such debts.
  • The contract may serve as a means for estate planning. The separation of personal and communal properties.

Though at some point, arrangement of the Thailand prenuptial agreement if not well discussed and relayed would cause pressure and misunderstanding to both parties. It is advised to hire assistance from a credible Family lawyer to formalize this agreement. In this way, both be guided on what to include in such agreement prior to marriage.

 

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