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Understanding Postnuptial agreement in Singapore

What does a post-nuptial agreement mean?
A post-nuptial agreement is a written agreement executed after a couple gets married, to settle the couple’s affairs in the event of a separation or divorce, or if one party in the marriage passes away.

What is commonly included in an agreement of such?
Parties are generally free to determine the contents of the agreement. Some common issues covered include:

  • Division of couple’s matrimonial assets
  • Maintenance of children
  • Spousal maintenance
  • Payment of couple’s debts
  • Custody, care and control and access of children
  • Distribution of a spouse’s assets if he/she dies during the marriage

Is a post-nuptial agreement legally binding?
In 2014, the Court of Appeal ruled that the terms of a post-nuptial agreement are binding and “generally carry significant weight”. This is especially so for agreements reached after a “well-considered process” such as mediation.

What are the benefits of engaging in a post-nuptial agreement?
Often, a post-nuptial agreement is done up when there has been a significant change in circumstances after marriage, such as a change in inheritance or issues surfacing in the marriage. A post-nuptial agreement can provide reassurance to the futures of both parties in the marriage. In the unfortunate event of a divorce, a post-nuptial agreement can expedite divorce proceedings by reducing the time needed for negotiations on the division of matrimonial assets and minimize the chances of potential disagreements.

How can I get a post-nuptial agreement written up?
Contact best family law firm in Singapore who are dependable in providing assistance to help you arrive at the best solution in your interest. Please click here to get in touch with best family lawyers in Singapore

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