List of things to include in a prenup as a woman
Compensation for career sacrifice
Infidelity clauses
Protection of premarital assets
Protection from partner’s debt
Spousal support/alimony terms
Stay-at-home parent protections
Division of marital property
Business ownership protection
Retirement and pension protection
Inheritance protection
Real estate protections
Child-related financial expectations
Household labor recognition
Lifestyle and financial management clauses
Insurance requirements
Protection for future businesses or side hustles
Digital and intellectual property rights
Relocation and immigration protections
There is a very common land tax scam in Kenya.
And both the buyer and seller walk into it smiling.
Here is how it works.
- You agree to buy land at 10M.
But the seller and his lawyer convince you:
- Bro, let’s write 5M in the agreement.
Why?
- The seller pays less Capital Gains Tax and,
- You the buyer pays less stamp duty.
Everyone feels genius.
Everyone saves money.
Years later,
- You sell that same land for 20M.
It's time to pay capital gains tax.
KRA comes in and asks one simple question:
- What was your property cost?
You say - 10M.
KRA says:
- Show me the purchase agreement.
- Show me the stamp duty receipt.
You present them.
- They both say - 5M.
KRA smiles.
So your tax becomes:
- (20M − 5M) × 15% = 2.25M
Instead of:
- (20M − 10M) × 15% = 1.5M
You pay 750K extra.
Just like that.
So the saving you made on stamp duty comes back later as:
- Higher Capital Gains Tax
Lessons:
- Do not understate purchase price in agreements
- What you sign today becomes your tax tomorrow
- Short term savings create long term pain