Antenuptial Contracts: GK Attorneys

An antenuptial agreement is entered into where couples do not want to get married in

community of property and is concluded before marriage. An antenuptial agreement

might be especially important for someone who already has assets like a business, or

family obligations like children from a previous marriage.

The contract ensures that partners retain their own separate estates and are not

liable for each other's debts for instance, unless they have taken out the debt jointly or a spouse provided personal security for the debt of the other spouse.

In fact, it gives a couple the opportunity to agree on their financial future and how

their assets and gains will be distributed or divided when their marriage comes to an end

because of death or divorce. It also prevents the marriage from automatically being one

of in community of property.

Phone us now on 0725930980 or e mail us at gkattorneys@live.co.za for

more information.