Prenuptial Agreements – It may not seem romantic but more and more couples are taking steps to avoid the financial consequences of divorce as they plan to get married.
Couples, particularly those that have been married and divorced before, wish to be secure in the event of potential future disagreements. Our family law solicitors know that this can be a sensitive subject to deal with and approach but recognise that couples wish to feel confident about their financial wellbeing should things ever change.
Prenuptial Agreements – What Can Be Done?
We can help you understand what might happen in the event of future separation and divorce. This means that we can help you plan now to provide for your future financial wellbeing and security. Prenuptial agreements are formal legal documents that can be prepared for a couple before they marry. These record what each one brought to the marriage and sets out what they would each receive if the relationship breaks down or the couple divorce.
Postnuptial agreements can also be drawn up. These deal with the same range of matters but are made after the marriage has taken place.
Prenuptial and postnuptial agreements are becoming increasingly common and, as a result of that, are becoming more recognised by the Court. This is especially so where both parties have fully disclosed their means and resources to each other at the time the agreements were entered into and have had legal, and sometimes financial, advice about the agreement before it is completed. In those circumstances, whilst not strictly legally binding as a matter of English Law at the moment, prenuptial agreements and postnuptial agreements are highly influential in the unfortunate circumstances should the marriage then come to an end.
Our family lawyers will help you understand the options that are available and the pros and cons of the various options available to you and your family to ensure that such emotive matters as premarital assets such as businesses, properties and pensions are protected and inherited and family wealth is preserved. We will work with you, and any other experts such as financial advisors and accountants, to ensure the best outcome for you.
How Can Timms Help?
If you would like to discuss a prenuptial agreement or any family law matter, please do not hesitate to get in contact. You can call us on freephone 0800 011 6666 or reach us by email at firstname.lastname@example.org.