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Marital Agreements Prenuptial agreement: This is a contract that you and your spouse enter into before the marriage.
Essentials of a Marriage Contract Division of property and assets in the event of divorce or separation. Agreement on alimony or spousal support. Protection of individual assets brought into the marriage. Protection of any future earnings or inheritances. Agreement on debts and liabilities.
A prenuptial agreement (prenup for short) is a written contract created by two people before they are married. A prenup typically lists all of the property each person owns (as well as any debts) and specifies what each person's property rights will be after the marriage.
IN COMMUNITY OF PROPERTY This is the most basic form of marriage and has the advantage that you do not need a notarised and registered contract thereby saving yourselves legal costs. Some also consider this to be the most equitable way of marrying.