PreNupital Agreement Solictiors
Nuptial Agreements are essentially of 3 types and which one is suitable for your needs depends on timing.
- A prenuptial agreement is one entered into before marriage/civil partnership
- a postnuptial agreement is one entered into after marriage/civil partnership
- and a separation agreement as the name suggests, post separation
Why consider a Prenuptial Agreement?
Whilst the thought of a prenup might not be something you first think about before a wedding, many couples realise it makes sense to consider what might happen if their relationship was to breakdown in the future. Some key reasons to consider a prenup are;
- You own all or part of a business
- You have assets such as a home, stocks or shares or retirement funds
- You may be receiving an inheritance
- You have children and/or grandchildren from a previous marriage
- You have loved ones who need to be taken care of, such as elderly parents
- One of you is much wealthier than the other
- One of you will be supporting the other through university or college
- You have or are pursuing a degree or qualification in a potentially lucrative profession
- You could see a big increase in income
It is wise to begin discussions about the possibility of a pre-nuptial agreement well before the date of the wedding. There is much to be dealt with, including making full financial disclosure and taking legal advice. At the very latest, any prenuptial agreement should be signed no less than 28 days before the wedding.
We can advise you of your rights and what to expect when entering into a pre-nuptial agreements – making sure it is fair and right for you.
