Your Family matters
A Pre-Nuptial Agreement is an Agreement between spouses that primarily sets out how they wish to deal with their assets and debts, whether jointly owned or individually owned, should the couple separate. These agreements also typically set out what happens on the death of either spouse.
The Family Property Act does not deal with the actual ownership or equal division of a couple’s assets. What it provides is a mechanism to equalize the net value that each party is left with.