Post Nuptial Agreement Nz

The PRA will offer the less fortunate spouse a more attractive wealth regime than a marriage contract would get, so they will have less incentive to accept this weaker option. In the period prior to the application of the PRA, it is recommended that marriage contracts be discussed and concluded in the previous half of the three-year period instead of the end of the three-year period. Whether or not a party`s agreement implements fewer of its rights under the law, it is important that both parties have independent legal advice. „If you`re in a marriage and you`re pushing a party into a post-marital agreement, it`s a very tense negotiation,“ says King, who remembers a close family member, who was brought in to sign a post-nup against his strong objections (and advice from his own lawyer).