Prenuptial agreements: sensible arrangements
In short: A prenuptial agreement allows couples to individually adjust statutory default rules on assets, maintenance, and pension equalisation. It is especially useful when there are large differences in wealth or self-employment is involved.
In more detail: Without a prenuptial agreement, the statutory community of accrued gains automatically applies, equalising asset growth during the marriage in case of divorce.
In detail
- Matrimonial property regimes: Besides the statutory community of accrued gains, couples can also agree on separation of property or community of property.
- Business protection: Self-employed people can contractually arrange that a business does not need to be divided in a divorce.
- Waiving maintenance: Post-marital support can, within limits, be contractually excluded or limited.
- Adjusting pension equalisation: Couples can contractually modify the automatic equalisation of pension entitlements.
- Notarisation: A prenuptial agreement must be notarised to be legally valid.
- Unconscionability: Courts can declare individual clauses invalid if they unreasonably disadvantage one partner.
- Timing: A prenuptial agreement can be concluded before or during the marriage, not only at the point of divorce (scheidung-ablauf-und-grundlagen, steuerklassen-und-lohnsteuer).