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A prenuptial agreement is a common law contract which is intended to regulate the property relations of the spouses during the marriage and at the time of its dissolution (by divorce or death), through the distribution of property.
A pre-nuptial agreement allows
- Anticipate a future divorce by making it simpler. This can be particularly useful in cases of disparity of assets, children from a first marriage or large family assets: for example, if one of the spouses is an art collector and his or her spouse is being sued by third parties, it is very important to present evidence that these objects are not to be included in the assets to be seized for the benefit of the creditors.
- Determining the applicable law at the time of the divorce.
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