Introduction to marital and personal Property under Thai Marriage laws

Sun, 08 Nov 2009 11:19:14 -0500

A Thai prenuptial agreement, also called a premarital or ante-nuptial agreement in Thailand, is a legal document, signed by both parties before marriage in Thailand. Under Thai law the prenuptial commonly lists each party's personal assets, and could give management of certain jointly owned marital property to one of the parties. It could also state potential division of jointly owned marital property if the marriage is later dissolved (at death or divorce). Community and personal property under Thai marriage laws: Under Thai marriage laws personal property of each spouse remains personal property of each spouse during the marriage. If personal property has is exchanged to other property, other property has been bought or money has been acquired from selling it, such other property or money acquired shall remain personal property of that spouse. Property acquired from income (income in the form of a salary) and fruits from personal property (any income derived there from) during the course of the marriage will become marital or jointly owned property between husband and wife (marital property means property between husband and wife pertaining to marriage or relating to marriage in Thailand). **End Summary** Topics: Marriage]]> marital property]]> prenuptial agreement]]> law]]> ]]>]]> About the Author: ]]> We write short legal articles for foreigners in Thailand among others these articles are written for Hua Hin Law Online and Bangkok Law Online

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Introduction to marital and personal Property under Thai Marriage laws