Julia and Matthew got engaged during December 2020 are happily anticipating their upcoming nuptials in December 2021. One of their friends informed them that they could choose the type of matrimonial regime in terms of which their marriage would be governed. Clueless as to what their choices are, they arrange a meeting with you to inform them on what choices they have. They would also like to know the advantages and disadvantages of each marital regime so that they can make an informed decision. Advise the couple.