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Cheap Prenuptial Agreement

Cheap Prenuptial Agreement Template for Philippines

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Key Requirements PROMPT example:

Cheap Prenuptial Agreement

"I need a Cheap Prenuptial Agreement for my upcoming marriage in Manila on March 15, 2025, that simply establishes complete separation of property between me and my future spouse, as we both want to keep our modest personal savings and assets separate."

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Document background
This Cheap Prenuptial Agreement template is specifically designed for couples in the Philippines seeking a basic but legally sound marriage settlement without extensive legal costs. It should be used when parties wish to establish clear property relations before marriage while working within a limited budget. The document complies with the Family Code of the Philippines and includes essential provisions for property separation, basic debt arrangements, and fundamental marital property rights. It's particularly suitable for couples with straightforward financial situations who need basic protection of pre-marriage assets. The agreement requires notarization and witness attestation as per Philippine law, and while it's designed to be cost-effective, it maintains all necessary legal requirements for validity under Philippine jurisdiction.
Suggested Sections

1. Parties: Identification of both parties entering into the prenuptial agreement, including their full legal names, addresses, and civil status

2. Background: Brief statement about the parties' intention to marry and their desire to establish property relations through this agreement

3. Definitions: Clear definitions of key terms used throughout the agreement, including 'separate property', 'community property', and other relevant terms

4. Date and Place of Marriage: Specification of the intended date and location of the marriage ceremony

5. Property Regime: Declaration of the chosen property regime (e.g., complete separation of property, absolute community of property with modifications, etc.)

6. Pre-Marriage Assets: General provisions regarding the treatment of assets owned by each party before marriage

7. Future Property: Provisions regarding the treatment of property acquired during marriage

8. Debts and Liabilities: Provisions regarding responsibility for pre-existing and future debts

9. Governing Law: Specification that the agreement is governed by Philippine law, particularly the Family Code

10. Execution: Formal requirements for signing, including notarization and witness provisions

Optional Sections

1. Business Ownership: Specific provisions for handling business interests, used when either party owns or may establish a business

2. Inheritance and Gifts: Special provisions for inherited property or gifts, used when significant inheritance is expected

3. Support Obligations: Provisions regarding spousal support, used when parties want to specify support arrangements

4. Property Division Upon Dissolution: Specific terms for property division in case of marriage dissolution, used when parties want predetermined arrangements

5. Foreign Assets: Provisions for handling international property, used when either party has assets in other countries

6. Intellectual Property Rights: Provisions for handling intellectual property, used when either party has significant IP assets

Suggested Schedules

1. Schedule A - Pre-Marriage Assets of First Party: Detailed inventory of all assets owned by the first party before marriage

2. Schedule B - Pre-Marriage Assets of Second Party: Detailed inventory of all assets owned by the second party before marriage

3. Schedule C - Pre-Marriage Debts and Liabilities: List of existing debts and liabilities of both parties

4. Appendix 1 - Required Legal Declarations: Standard declarations required under Philippine law for validity of the agreement

5. Appendix 2 - Witness Attestations: Required witness statements and signatures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Legal Services

Family Law

Notarial Services

Financial Services

Real Estate

Private Wealth Management

Professional Services

Family Business

Relevant Teams

Legal

Documentation

Contract Administration

Family Law Practice

Private Client Services

Notarial Services

Wealth Management

Document Processing

Relevant Roles

Family Law Attorney

Legal Associate

Notary Public

Paralegal

Legal Document Specialist

Family Wealth Advisor

Estate Planning Specialist

Legal Documentation Officer

Contract Administrator

Family Law Consultant

Industries
Family Code of the Philippines (Executive Order No. 209): Primary legislation governing marriage, family relations, and property relations between spouses. Articles 75-77 specifically deal with marriage settlements and prenuptial agreements.
Civil Code of the Philippines (Republic Act No. 386): Provides general provisions on contracts, obligations, and property relations that apply to prenuptial agreements when not specifically covered by the Family Code.
The Constitution of the Philippines: Contains fundamental provisions on marriage as an inviolable social institution and equal rights between spouses.
Articles 1305-1422 of the Civil Code: Specific provisions on contracts, their requisites, and form, which apply to the formal requirements of prenuptial agreements.
Articles 147-148 of the Family Code: Provisions on property relations between spouses in the absence of a marriage settlement, important for understanding what provisions to include or exclude in the prenup.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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