PREMARITAL AGREEMENTS ONPremarital Agreement • January 7th, 2009
Contract Type FiledJanuary 7th, 2009Premarital agreements comprise two different kinds of agreements, i.e. those executed before the date of marriage and those executed after such date. However, both agreements may be granted together in the same document, or in different documents. In any case, the purpose of both agreements is precautionary and both are aimed at preventing the increasing difficulties arising both from marital coexistence and from the regulation of the consequences of break-ups. These problems are being aggravated by the fact that according to a study carried out by the ASSER-UCL Consortium at the request of the European Commission in 2002, more than five million nationals of the Member States are not living in their native country, a figure which reached fourteen million in year 2000 if we take into account citizens of other non-European nationalities. Naturally, the number of marriages within the European Community is in proportion with such numbers, to the extent that the Commission study shows that