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What About Prenuptial Agreement

Prenaptial mediation is another way to create a marriage contract. In this process, a mediator allows for an open discussion between the couple on all kinds of marriage issues, such as work expectations after the birth of the children and saving and spending styles, as well as traditional pre-marriage discussions about asset sharing and the couple`s alimony at the end of the marriage. The engaged couple, with the help of the mediator, makes all decisions about what would happen in the event of separation or divorce. They then draft a memorandum of agreement or prenoptial agreement and have it reviewed by their respective lawyers. An agreement developed through mediation is usually more cost-effective because fewer hours are spent with the lawyers because the couple made all the decisions together and not on one side against the other. [Citation required] These conditions are found in clause 1466 of the Commercial and Civil Code of Thailand. In accordance with Thailand`s marriage laws, the marriage contract mainly refers to the assets and financial implications of the marriage and defines the conditions for the ownership and management of personal and concrete common property and a possible division of matrimonial property when the marriage is dissolved. The marriage contract also includes a list of each party`s personal property at the time of the marriage and ensures that debts and assets remain in the possession of the original owner or debtor before the marriage. Personal property includes: Whether a prenup makes divorce easier or faster is an open question. If a spouse asks the court to invalidate the prenup, this can lead to a long and costly dispute. On the other hand, an undisputed prenup means fewer discoveries about the objects listed in the agreement and therefore less relentlessness all around.

This means that the court and lawyers have less to do. Marriage contracts have been recognized as valid for a long time in several European countries such as France, Belgium, the Netherlands, Germany, Poland, Switzerland, Sweden, Denmark, Norway and Finland. Whereas, in some of these countries, there are limits that the courts consider enforceable or valid (e.g. .