A Marital Property Agreement is essential for couples in Singapore seeking to establish clear terms regarding their property rights and financial obligations. These agreements can be made before marriage (prenuptial) or during marriage (postnuptial), and are particularly relevant for high-net-worth individuals, business owners, or those with significant pre-marriage assets. Under Singapore law, such agreements must comply with the Women's Charter and demonstrate fairness, full disclosure, and independent legal advice. While courts generally respect these agreements, they retain authority to modify terms if circumstances significantly change or if children's interests are affected.
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1. Parties: Identification and details of both spouses
2. Background: Context of the agreement, including marriage status/plans
3. Definitions: Key terms used throughout the agreement
4. Property Classification: Categorization of assets as separate or matrimonial property
5. Division of Property: Agreement on how property will be divided
6. Disclosure Statements: Declarations of full asset disclosure by both parties
7. Governing Law: Specification of Singapore law as governing law
1. Future Property: Treatment of assets acquired after marriage - use when parties want to specify treatment of future acquisitions
2. Business Interests: Treatment of business ownership and interests - use when either party owns or may own business interests
3. Inheritance Provisions: Treatment of inherited assets - use when parties expect significant inheritance
4. Debt Allocation: Agreement on responsibility for existing and future debts - use when significant debt exists or is anticipated
1. Schedule A - Wife's Assets: Detailed list of wife's pre-marriage assets and their values
2. Schedule B - Husband's Assets: Detailed list of husband's pre-marriage assets and their values
3. Schedule C - Joint Assets: List of jointly owned assets and their values
4. Appendix 1 - Asset Valuations: Professional valuations of significant assets
5. Appendix 2 - Legal Advice Certificates: Certificates confirming independent legal advice received by both parties
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