Esra Dogan
Family & Divorce
Pre-Nuptial Agreements: Planning for the Future with Confidence
It is that romantic time of the year! Happy couples are planning their future together.
So, if you are planning your wedding, have you considered a Pre-Nuptial agreement? Not very romantic I hear you say. However, it is an important consideration
What is a pre-nuptial agreement?
This is a contract between two people who intend to enter a marriage but wish to agree what might happen to their property, should their marriage later breakdown.
Is the agreement binding?
Not all agreements are binding under UK law but if they were entered into freely and are fair in your circumstances then they tend to be upheld.
Is it necessary?
Not every situation merits an agreement, it very much depends on the circumstances of each couple. Consideration should be given to whether it is a first or second marriage, if you are intending to have children, the value of the assets of each party, are there any inheritances or business assets?
Do you need a lawyer?
Yes- If you are proceeding with such an agreement, it is essential that you both seek separate independent legal advice on the document and obtain full and frank financial disclosure.
Alison Brotherton from our Family team said:
“We can guide and advise you on preparing and advising on a Pre-nuptial agreement. We understand how important these matters can be. We can give you peace of mind so you can concentrate on enjoying the big day and the rest of your lives together.”