The Thai civil code provides a number of valuable provisions for the drafting of a prenuptial agreement that can be beneficial to anyone getting married in this country. These provisions can help to protect your assets and give you peace of mind in the event that your marriage does not last as expected. However, these provisions also carry some strict requirements that you must meet to ensure that the document is enforceable.
A Thai prenuptial agreement is a legally binding contract that lists the assets of both parties prior to their marriage and establishes how they will be divided in the event of divorce or death. These agreements are a great way to avoid disputes and make sure that assets are distributed according to the terms of the agreement.
It is important to note, however, that a prenuptial agreement in Thailand is governed by the Thai Civil and Commercial Code and therefore, you should consult a competent family law lawyer or solicitor who is well-versed in this legal framework when creating one of these contracts. Such a professional can help you draft an effective and legally valid agreement that is compliant with both the Thai and foreign legal systems.
Prenuptial agreements are a popular way for couples to safeguard their assets and property from potential future problems when they marry in Thailand. Moreover, they can provide a financial plan for the couple that can be used during the course of the marriage or when the divorce is completed.
While some people think that a prenuptial agreement can be a waste of money, it is actually a wise investment for many individuals who are planning to get married. The main reason for this is that the document can be used to clarify inheritance rights for children or other heirs and prevent any confusion during a divorce case.
It is also useful for people who have a lot of money and property and want to ensure that these are not automatically transferred to their spouse upon divorce. Additionally, it can be useful for those who are considering marriage to a Thai national or want to take advantage of the country’s tax laws while they are abroad.
Those who wish to register a prenuptial agreement in Thailand must submit the contract to their local district office at the same time that they are registering for their marriage. The contract must be written and signed in front of two witnesses. The agreement must be registred in the local registry and each party must receive separate legal counsel to ensure that the document is valid.
Once the document is registred, it can only be changed after the agreement has been approved by a court. The prenuptial agreement must be in writing and signed by both parties.
The prenuptial agreement must be drafted and registered before the marriage is made, at least two witnesses must be present. The document must be in Thai and must be signed by both parties with their separate legal counsel.