Not an affair! The divorce rate remains high. 70% of it is related to money. Lawyer Li Yusheng explains the common provisions of prenuptial agreements and whether they are legally binding.

Not an affair! The divorce rate remains high, and 70% of it is related to money. Lawyer Li Yusheng explains the common provisions of prenuptial agreements and whether they are legally binding｜ETTV reporters Fu Shihan and Fu Jiaxing

News link:https://youtu.be/iNxdjsO_p_Y?si=UmpGQnsVruqr00uQ

The trend of prenuptial agreements has blown into China from abroad. Although Oriental people traditionally encourage reconciliation rather than divorce, the divorce rate is high now, and more and more people choose to make things clear before marriage to reduce the chance of litigation when they separate. Moreover, according to research, more than 70% of divorce cases are related to "financial disputes". A prenuptial agreement can also allow both parties to reach a consensus on the use of money in the marriage.

Li Yusheng, an attorney at Fidelity Law Office, said that a prenuptial agreement is a valid legal document in Taiwan and often stipulates the following matters: Property distribution: The two parties agree that the pre-marital and post-marital property will belong to each of them, be jointly owned, or partially owned, etc., to avoid future property disputes. Debt assumption: Make it clear who will be responsible for paying off any debts after marriage to prevent one party from being implicated by the debts of the other party. Family life matters: such as birth plans, children’s surnames, education methods, etc., reach consensus in advance. As long as the content of the prenuptial agreement does not violate mandatory or prohibitive regulations, is not contrary to public order and good morals, and is concluded with good intentions by both parties, it will be legally effective. For example, clauses that restrict personal freedom or violate the nature of marriage are invalid. A prenuptial agreement can protect the rights and interests of both parties and make the rights and obligations in the marriage relationship clearer.

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# Prenuptial Agreement # Divorce # Family Lawyer

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