A Prenuptial Agreement an agreement made between a couple before they marry stating who will get what part of their respective assets if their marriage should fail.
Whether or not you should get a Prenuptial Agreement signed with your spouse and whether or not the Court will enforce it will
For advice on this, call Lam & Co. at 6535 1800. They can help you.
In the meantime, you should be aware of the case of Wong Kien Keong v Khoo Hoon Eng (See here and here.). Even though that case dealt with a Separation Deed, similar principles apply to Prenuptial Agreements. Under the Separation Deed
Her lawyer argued that she was coerced (forced), abused and/or threatened into signing the agreement. Her lawyer also argued that she was suffering from depression at the time such that she did not fully understand the consequences and risks of signing the
The Court after hearing both sides ruled against the wife and rejected all the above arguments and dismissed her application to set aside (cancel) the Separation Deed.
Under the agreement, the wife was supposed to get 34
Thus, it can be seen that even though the Separation Deed was found to be valid and binding, the Court still exercised its power to increase the wife's share of the assets.
Call Lam & Co. now at 6535 1800 for immediate help analyzing your particular situation.
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