Our family team have significant experience in preparing and advising on pre-nuptial and post-nuptial agreements. A pre-nuptial or post-nuptial agreement is a formal written agreement between two partners.
The purpose of a pre-nuptial / post-nuptial agreement is to record who owns what and then how those assets will be divided between the parties if the relationship breaks down. Whilst they are not currently legally binding in England and Wales these types of agreements are carrying significantly more weight in the courts following the landmark decision in Radmacher v Granatino .
Taking advice early on help can help put your mind at ease as you will be able to ask any questions that you may have and feel better informed about the process. We offer a free 15-minute consultation with a member of our Family Law team.
Why are pre nuptial and post nuptial agreements important?
No one goes into a marriage anticipating that it will end, but if divorce becomes a reality, most if not all couples want the ‘breakdown’ process to be as amicable as possible with minimal uncertainty and worry over financial matters. Research has shown that the top causes for conflict in a marriage are money and communication. These conflicts are of course all the more heightened when a marriage breaks down. This is why it can be sensible to sit down with your partner and agree on important financial matters at the outset of your relationship, whilst you are able to communicate openly and effectively. Once things have broken down, you may find you are unable to have a sensible discussion because emotions and hurt are preventing this.
Pre-Nuptial / Post-Nuptial Agreements are a way for the parties to have peace of mind in that they should not be facing any unexpected financial consequences on the breakdown of their relationship.
More and more people are now entering into these agreements, and it may surprise you to know that it is not just celebrities or heirs and heiresses of family fortunes who are looking to protect their wealth in this way.
At an initial meeting we will explain the law in relation to Pre-nuptial / Post-Nuptial Agreements, and their advantages and disadvantages so you can make an informed decision about whether an agreement may be right for you and your partner.
Free 15-minute consultation
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Pre Nuptial and Post Nuptial Agreements Team
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