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Mid Nuptial Agreement
"I need a Mid Nuptial Agreement for a UAE-based couple where one spouse owns multiple businesses in Dubai and Abu Dhabi, and we need to protect these business interests while ensuring fair financial provisions for both parties."
1. Parties: Identification of both spouses, including full legal names, nationalities, Emirates ID numbers, and current residential addresses
2. Background: Details of the existing marriage, including date and place of marriage, current living arrangements, and reasons for entering into this agreement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including types of property, income classifications, and other relevant terminology
4. Purpose and Intent: Clear statement of the agreement's objectives and confirmation that both parties enter into it freely and with full understanding
5. Governing Law and Jurisdiction: Specification that UAE law governs the agreement and designation of specific emirate courts for dispute resolution
6. Separate Property: Detailed provisions regarding property owned by each spouse before marriage and how it will remain separate
7. Marital Property: Definition and treatment of property acquired during marriage, including rules for division and management
8. Financial Obligations: Current and future financial responsibilities of each spouse, including household expenses and debt management
9. Business Interests: Treatment of existing and future business interests, including ownership, profits, and management rights
10. Inheritance Rights: Provisions regarding inheritance rights, subject to UAE law and Sharia principles where applicable
11. Dispute Resolution: Procedures for resolving disputes, including mediation requirements before court proceedings
12. Amendment and Termination: Conditions and procedures for modifying or terminating the agreement
1. Children's Provisions: Include when the couple has or plans to have children, addressing education costs and financial support
2. Religious Requirements: Include for Muslim couples to ensure compliance with Sharia law principles
3. International Assets: Include when either spouse owns assets in other countries
4. Intellectual Property Rights: Include when either spouse has significant intellectual property assets
5. Social Media and Privacy: Include when parties wish to address social media usage and privacy concerns
6. Cultural Property: Include when dealing with significant family heirlooms or cultural artifacts
7. Future Career Provisions: Include when addressing potential career changes or educational pursuits
8. Retirement Benefits: Include when dealing with pension rights and retirement accounts
1. Schedule A - Assets Schedule: Comprehensive list of all assets owned by both parties at the time of the agreement
2. Schedule B - Liabilities Schedule: List of all debts and financial obligations of both parties
3. Schedule C - Business Interests: Detailed description of business ownership and valuations
4. Schedule D - Property Inventory: Detailed inventory of personal and real property owned by each spouse
5. Appendix 1 - Financial Disclosure: Complete financial disclosure statements from both parties
6. Appendix 2 - Legal Certificates: Copies of marriage certificate and other relevant legal documents
7. Appendix 3 - Independent Legal Advice: Certificates of independent legal advice received by both parties
8. Appendix 4 - Valuations: Professional valuations of significant assets
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