What is a Prenuptial Agreement in the Philippines?

A prenuptial agreement—also known as an ante-nuptial agreement or marriage settlement—is a legally binding contract entered into by future spouses before their marriage. Its primary purpose is to define the property regime that will govern their financial and property relations during the marriage. By setting the terms of ownership, management, and division of assets and debts, a prenuptial agreement provides clarity, security, and peace of mind to both parties.