Protect your assets with a prenuptial agreement
A prenuptial agreement sets out how you want your financial matters to be sorted out in the event of a separation or divorce. It needs to be put in place well before the wedding or civil partnership ceremony, as if it is entered into too close to the ceremony, it may not be upheld by the Court.
The Court has to consider the prenup and will uphold the agreement if it is fair in all the circumstances. For this reason, more and more people are opting for prenuptial agreements, as a way of helping to provide certainty about the way matters are going to be settled if the relationship breaks down. They are most useful in cases where one or both of you have assets that you have built up prior to the marriage or civil partnership.
To increase the likelihood of your agreement being upheld by the Court you should get independent legal advice and share full and frank financial disclosure with the other person. There should be no evidence of any undue pressure by the other person, and you need to ensure that the agreement is realistic, fair and provides for any changes that may take place in the future.
We can advise you on your prenuptial agreement and ensure your agreement is legally binding so that you feel more secure going into your new relationship, with a clear understanding of how the assets are to be divided in the event of separation. This can save you both expense and worry.
Ready to arrange your prenuptial agreement? Contact us to book your initial appointment with a specialist solicitor.