Postnuptial

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Postnuptial (marriage agreement considered as one party and no joint assets

and interests. Having a marital agreement


after marriage)
can make status of the assets clearly and for
It’s necessary for mixed marriage couple the Indonesian Citizen can protecting their
(foreigner and Indonesian) in Indonesia to property in Indonesia.
protect their assets. An Indonesia spouse is Postnuptial agreements have similar
excluded to own a property when they are requirements to other contracts. In order for
married to a foreigner. It means their right a postnuptial agreement to be valid in the
to own property in Indonesia may be in eyes of the law, it must:
danger.
 Be presented in writing and signed
With postnuptial, mixed married couples in by both parties
Indonesia can assign property division in
the event of separation or death and will be  Be entered into voluntarily by both
effective from the signing date. parties
Without the postnuptial, there are some  Include a complete and honest
cases when mixed marriage couple disclosure of each party’s income,
purchase fake identity cards, or make use of assets, debts, and respective values
their family member or relative’s name to
 Include terms that are not one-sided
buy a property.
or unjust
It is written in the Article 119 Civil Code
 Allow both parties ample time to
Book that from the moment of execution of
review the terms of the agreement
the marriage the assets of the parties will be
joint assets. It can cause a problem when the Some specific examples of assets that must
Indonesian Citizen wants to have a be disclosed in a postnuptial agreement
property, because according to the Agrarian include:
Law, foreigners cannot obtain the right of
ownership overland and due to the marriage  Any property owned separately or
status, they are considered as one party together
which can prevent the Indonesian Citizen  Information about bank accounts
from owning a property with right of owned individually or mutually
ownership.  Any investments that either party
has made
Indonesian Law provides a solution as  Any information regarding
written in Marriage Law that if the parties businesses owned individually or
provide a marital agreement which states mutually
the separation of assets and there will be no  Information about debts such as
joint assets or joint marital between the loans, mortgages, etc.
parties. Marital agreement is helpful for
mixed marriage couples to ensure the safety There is a common misconception that
of their assets. postnuptial agreements are only beneficial
for the wealthy. This is untrue; anyone who
By having postnuptial agreement, the wants to protect their assets in the event of
Indonesian party in the mixed marriage can a divorce will benefit from a postnuptial
still buy the assets with the right ownership. agreement. Some people who may benefit
Furthermore, since the assets between greatly include:
husband and wife will be separated, thus,
they can establish a limited liability  People who own their own
company and make cooperation between businesses
couple because the spouses are not
 People marrying someone who has  Creating a template for a divorce
a large amount of debt agreement.
 Anyone who has assets, such as land Postnuptial agreements are often
or vehicles, that they want to created to make decisions regarding
separate legally from their marital the division of assets when each
property party is in a level state of mind. In
the event of a divorce, the
 People who want to ensure their agreement will already exist and can
children will receive their assets in be incorporated into the couple’s
the event of their death divorce decree, speeding up the
Ultimately, postnuptial agreements are used divorce process and preventing
for three main purposes: legal back-and-forth.

 Dividing assets and ensuring


spousal support.
Postnuptial agreements can include
provisions regarding alimony and
spousal support, as well as the
division of assets owned prior to,
and acquired during, the marriage.
 As a legally binding means to
waive spousal rights in the event
of death.
Some couples decide to create a
postnuptial agreement to ensure that
their assets will be divided and
passed on when either of them dies.
The agreement can allow each
spouse to waive their rights to the
other spouse’s assets in the event of
their death, so their assets can be
given to their children.
If the Indonesian spouse dies, the
foreign spouse must transfer the
property Hak Milik or Hak Guna
Bangunan within 12 months to other
Indonesian's name. In many cases,
this may be the child/children of the
couple. You also can ask national
land agency to reduce the right of
property to be Hak Pakai. At this
stage, the stipulation imposed by the
1960 Basic Property Law is still
applicable for foreigners. The
postnuptial protects your financial
interest in the event one of you
passes away.

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