A Prenuptial Separate Property Agreement
In today`s society, it is essential that you and your life partner be prepared for your life together and that you define your financial affairs if the relationship does not work. These include assets that must be held together and assets that must remain separate. In most Arab and Islamic countries, there is a marriage contract traditionally known as aqd qeran, aqd nikkah or aqd zawaj, which has long been established as an integral part of an Islamic marriage and is signed at the wedding. In Egypt, Syria, Palestine, Jordan and Lebanon, this treaty is widely known as Katb el-Kitab. The treaty is similar to Ketubah in Judaism and describes the rights and duties of the groom and bride or other parties involved in the marital proceedings. However, this is something other than a marital agreement, as it does not specify how assets should be split or inherited in the event of a divorce or the death of a spouse.  The consequence of a separate heritage agreement is that the separate assets brought to the trust retain their distinct ownership characteristic, although they take the name of the trust. This means that the separate membership of each spouse can be merged for the pleasure of both spouses. After the death of a spouse, the property remains in the trust to support the surviving spouse. However, after the death of the surviving spouse, the separate assets are transferred to the heirs declared by the spouse who owns the property. If the common property of a deceased spouse is changed only by a will or other document that takes effect with the death, it is only for a surviving spouse if there are no children or if the surviving spouse is the parent of the children of the deceased spouse. Only a portion of the property separated from a deceased spouse is transferred to a surviving spouse.
Without Prenup, creditors can sue marital property while only one spouse is the debtor. To avoid this, limit your debt liability in a marital agreement. A marital agreement is different from the historical marriage regime, which was not primarily about the effects of divorce, but on the constitution and maintenance of dynastic families or a divorce regime established by the parties as part of the dissolution of their marriage.