Proud to be celebrating 170 years in business

Pre-Nuptial Agreements

Pre-nuptial agreements, sometimes called a “pre-nup,” are becoming increasingly common.

These are agreements you reach with your partner before you marry about what arrangements will be made in the event of a later divorce. Although they are not absolutely binding, if they are entered into properly, the court will take the terms of the agreement into account when looking at a financial settlement on divorce.

While they may be seen as unromantic, many couples find that dealing with this at the outset of a marriage can strengthen a relationship and support good communication between them.

There are many reasons a couple may wish to enter into a pre-nup, all of which are equally valid – you may be entering a second marriage and wish to protect assets you have inherited or are bringing separately into the relationship, or to protect those assets for children of a previous relationship. You may own a family business, or one of you may be more economically vulnerable.

Provided the agreement is drawn up properly and can be seen to be fair to both parties, having the agreement at the beginning of the relationship can provide clarity and transparency. It can also avoid disputes if the marriage were to break down and allow an easier transition to independence.

Pre-nuptial agreements are a complex area of family law, and you may want to speak to one of our experienced family lawyers who can take you through the process and advise you on the best approach to take in your own personal circumstances. We offer a first appointment for a fixed fee where we can discuss your case and provide you with initial advice, both legal and practical, so you can decide whether having a pre-nuptial agreement is right for you.

 

For further information or to speak to one of our experts, please get in touch