Prenup
Prenup or Pre Nuptial Agreement is a term that is commonly used nowdays, It is making agreement/contract before marriages between couples or even civil union. Few countries encourage this method ie France, Germany and even Canada. The content of the agreement varies, it could range from monetary, lands or property that needs to be given or paid to either couples incase of breakup’s or divorce after marriages. Although this seems to reduce number of divorces but the number isn’t significant enough to stop protruding high rate of divorces everday. There are also cohabitation agreement between unmarried couples..
Laws in each country varies depending on the legality. But it is something to be frowned upon, because marriage doesn’t seems to be marriage anymore & corrupting the whole meaning of it. Although this is well known among couples but there is no enforcement, and the agreements must be submitted to each lawyers for verification , in some cases private judge are retained to ensure neither of them is coerced to get the agreement approved . Oaths are taken infront of the Judge and some instance it is videotaped and kept by the lawyers represented.
Prenup is not the best solutions but it helps to resolve property disputes that mostly taken to Court and prolonged for years..same time assets is protected. We’re aware some marriages happen just for the sake of money or property , with prenup this might be avoided (might ONLY) altough it is not true always..
This is what financial experts says about prenup:-
"Nothing can kill romance faster than the word prenup. But with about one in three of all first marriages ending in divorce, and 50 percent of second or third ones hitting the skids, a prenup is smart financial planning, legal and financial experts say"
"Think of it as a business arrangement or as an insurance policy to help remove some of the emotion that’s naturally involved," says Nancy Dunnan, a New York City financial adviser and author. "Marriage is not just an emotional and physical union — it’s also a financial union. A prenup and the discussions that go with it can help ensure the financial well-being of the marriage."
My personal comment would be no one get’s married in view of getting divorce, instead of using Prenup there are some family laws that be used to bind the financial gathering between the couples. By the way prenuptial agreements are very expensive, the solicitors tend cut-throat and the term that is used in the agreement isn’t something easy to digest. In a simple word there are many other ways to make a marriage works without involving the laws, involving the laws might be seen lack of trust with each other, however with the current era.. things are unjustifiable, lastly the law is not implemented in Malaysia yet.

