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Post Nup Agreement

Post Nup Agreement Template for Nigeria

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Key Requirements PROMPT example:

Post Nup Agreement

"I need a Post Nup Agreement for a Nigerian couple where one spouse owns a successful technology company in Lagos, and we need to protect both the business assets and future intellectual property rights while ensuring fair provisions for matrimonial property."

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Document background
Post Nuptial Agreements are utilized in Nigeria when married couples seek to establish clear legal framework for their property rights and financial obligations after marriage. This document type is particularly relevant for high-net-worth individuals, business owners, and couples with complex asset structures. The Post Nup Agreement must comply with Nigerian federal laws, including the Marriage Act and Matrimonial Causes Act, while also considering state-specific legislation and customary law where applicable. It typically includes comprehensive details about asset division, financial responsibilities, business interests, inheritance rights, and dispute resolution mechanisms. The agreement is especially important in cases involving family businesses, international assets, or when circumstances have significantly changed since marriage.
Suggested Sections

1. Parties: Identifies the married couple entering into the agreement, including their full legal names, addresses, and occupations

2. Background: States the date of marriage, type of marriage (statutory/customary), and the parties' intention to define their financial and property rights

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Purpose and Intent: Clearly states the purpose of the agreement and confirms both parties' intention to be legally bound

5. Independent Legal Advice: Confirms that both parties have received independent legal advice before signing the agreement

6. Full and Frank Disclosure: Acknowledges that both parties have made complete disclosure of their financial positions

7. Separate Property: Defines and lists property that will remain separate property of each spouse

8. Matrimonial Property: Defines and lists joint property and how it will be managed and divided

9. Financial Obligations: Details ongoing financial responsibilities and obligations of each party

10. Future Property: Addresses how property acquired after the agreement will be treated

11. Debt Obligations: Specifies responsibility for existing and future debts

12. Dispute Resolution: Outlines the process for resolving any disputes arising from the agreement

13. Governing Law: Specifies that Nigerian law governs the agreement and jurisdiction for disputes

14. Amendment Provisions: Sets out how the agreement can be modified in the future

15. Severability: States that if any provision is found invalid, the rest remains enforceable

16. Execution: Formal signing section including space for parties and witnesses

Optional Sections

1. Business Interests: Detailed provisions for handling business ownership and management - include when either party owns a business

2. Inheritance Rights: Specific provisions regarding inheritance - include when there are significant inherited assets or expected inheritances

3. Children's Provisions: Provisions regarding financial arrangements for existing or future children - include when there are children from previous marriages

4. Religious Requirements: Specific provisions to comply with religious requirements - include for couples following specific religious laws

5. Customary Law Considerations: Specific provisions addressing customary law requirements - include when marriage has customary law elements

6. International Assets: Provisions for handling international property and assets - include when parties have assets in multiple countries

7. Intellectual Property Rights: Provisions for handling intellectual property - include when either party has significant IP assets

8. Family Business Protection: Specific provisions protecting family business interests - include when family businesses are involved

Suggested Schedules

1. Schedule A - Assets Schedule: Detailed list of all assets owned by both parties at the time of the agreement

2. Schedule B - Liabilities Schedule: Detailed list of all debts and liabilities of both parties

3. Schedule C - Business Assets: Detailed description of business interests and their agreed treatment

4. Schedule D - Real Property: Detailed list and description of all real estate owned by either party

5. Schedule E - Financial Disclosure: Comprehensive financial statements of both parties

6. Appendix 1 - Certificates of Independent Legal Advice: Signed certificates from legal advisors confirming independent advice

7. Appendix 2 - Valuation Reports: Professional valuations of significant assets

8. Appendix 3 - Supporting Documents: Copies of relevant documents referenced in the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













































Clauses








































Relevant Industries

Legal Services

Financial Services

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Relevant Teams

Legal

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Corporate Advisory

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Estate Planning

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Client Relations

Relevant Roles

Family Lawyer

Corporate Lawyer

Legal Counsel

Wealth Manager

Financial Advisor

Estate Planner

Business Consultant

Property Lawyer

Trust Officer

Family Office Manager

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Risk Manager

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Industries







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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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