There is the old saying that love is blind and a divorce opens your eyes. According to the latest statistics in the United States, 40% of all marriages end in divorce. Thailand is also seeing an increase in their divorce statistics.
[See: Thailand Divorce: Statistics]
It makes one wonder why so few are having prenuptial agreements signed in the first place. It is rather clear that the odds are stacked.
'Prenup’ or Prenuptial Agreements may be drafted in Thailand. There are many advantages of having a prenuptial agreement in Thailand. The benefit unfortunately only comes to play at the end of a marriage usually when it is too late. The numerous advantages of a Prenup or prenuptial agreement are that it affords your property protection from your spouse during a divorce.
- A prenuptial agreement will lower your divorce costs;
- A prenuptial agreement protects you if you are divorced and married again in Thailand as any children from your first marriage can be protected as you will ensure that they inherit their fair share.
- The prenuptial agreement protects your children who inherit the assets as it will not form part of their joint estate;
- The prenuptial agreement will protect your business from claims from your spouse;
- The prenuptial agreement will protect you from creditors pursuing your spouse.
|