Prenuptial agreements and postnuptial agreements in the UAE spell out the ways in which couples are to divide their assets should the marriage dissolve. They are to be drafted carefully with the help of a legal professional, but there’s still a chance for circumstances to change regardless of how carefully prenups and postnups are crafted. The local court may find a valid reason for invalidating an agreement.
A way in decreasing the likelihood of that happening would be to ensure UAE legislation is followed with the agreement. Also using common sense would help.
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Prenuptial and postnuptial agreements in the UAE are to comply with the requirements listed above in order for them to be deemed valid whenever they’re challenged in court. Prenups and postnups are even more airtight if they included clauses that state the rights of every contracting person given up in accordance with the local UAE legislation.
If a couple decides to divorce and there’s no prenup or postnup, the local courts will consider the property accumulated by the couple in the court of their marriage to be community property. This means assets will be divided equally when the couple divorces.
Although it’s possible for local courts to find specific clauses that are invalid but would still uphold other parts of an agreement, it’s better to practice if you know the clauses that can be offending. They are to be left out of a contract starting from the very beginning.
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Prenups or postnups are not for everyone. Young couples that get married most likely don’t have assets yet. They don’t bring any assets to their union, which means there’s no need for a contract. There is an exception and that is if a spouse or both parties receive a huge inheritance or a large sum of money from a party’s family trust.
Prenups and postnups will prove to be essential for those that enter into a marriage with assets or large estate. A pre or postnuptial agreement is going to help in protecting the premarital assets of a spouse since income and property in a marriage will become community property.
When a couple of divorces, an agreement can give a spouse protection from being liable to any debt a spouse brings into a marriage. It is advised to seek legal assistance with legal drafting, especially for pre and postnuptial agreements.
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