A prenuptial agreement is a formal contract that is entered into by a couple before their marriage or civil partnership. It sets out what will happen to their assets if the union breaks down and ends in divorce or dissolution.
A prenuptial agreement is not essential for everyone. However, it is advisable as it provides much-needed clarity and protection for couples should the relationship end. Prenuptial agreements can be particularly important when one party is bringing more money or assets into a marriage, second marriage or civil partnership, or where one partner gives up work to raise any children.
Setting out a couple’s finances and detailing their commitments before any wedding or civil partnership ceremony can help avoid costly and contentious Court proceedings further down the line.
If you are looking for advice and guidance on prenuptial agreements and want to discuss your next steps, please call Berlad Graham LLP today on 0330 175 5655.
All our family lawyers at Berlad Graham LLP are experienced in drafting prenuptial agreements to fit clients’ circumstances that are in their best interests and meet their needs. If you are considering getting married or entering into a civil partnership and want to know more about prenuptial agreements, please call 0330 175 5655 or email info@bglaw.co.uk to speak to one of our team.
A typical prenuptial agreement can:
- Protect any children’s inheritance or specific assets.
- Protect inherited money, assets or savings.
- Give both parties a say in how assets will be split upon divorce or dissolution.
- Allow one partner to retain complete control of business ownership.
- Protect you from your partner’s debt.
Prenuptial Agreement Lawyer Near Me
Although they are not legally binding in England, the Courts are now showing increasing willingness to abide by the terms set out in a prenuptial agreement, provided that it has been entered into correctly. Several requirements must be met to make your prenuptial agreement more persuasive to the Court. These include:
- You have each taken independent legal advice on your rights and the agreement’s implications.
- There has been full disclosure of all assets and liabilities.
- The agreement allows for future family changes, such as if children arrive or someone becomes seriously ill and unable to work.
- Neither of you has been unduly pressurised into signing.
- The agreement is updated regularly.
Prenuptial Agreement Solicitors
It is crucial that any discussions about a prenuptial agreement begin in good time, as signing too close to your wedding day or civil partnership ceremony could impact its validity. Seeking early legal advice is therefore vital.
If you are considering getting married and want advice about a prenuptial agreement, speak to one of our team today. Our experienced team of family solicitors will be able to guide you through any queries you may have.
Contact Berlad Graham for legal advice
To speak to our friendly, experienced, professional prenuptial agreement lawyers today, please call 0330 175 5655 or email info@bglaw.co.uk.