A pre-nuptial agreement, pre-marital agreement or pre-civil partnership agreement is a formal agreement drawn up between a couple before they get married or enter into a civil partnership.
The agreement allows them to make provision for how they want assets to be dealt with in the event that their marriage or partnership breaks down. It is important to take detailed advice at an early stage so that the agreement can be properly prepared.
Whilst there is still no statutory provision upholding such arrangements it is clear that they are gaining ground and their terms will, in certain circumstances, be upheld by the court in the event that the relationship breaks down.
It is vital that both sides to a prenuptial agreement have full advice from independent solicitors and full disclosure of the other party’s assets and income before they commit themselves. Such agreements are hard to negotiate as it is difficult to cater for all scenarios that may evolve in the future of the relationship.
These agreements must not be rushed and should be considered a long time before the wedding invitations are sent out, and above all, must be fair to both sides. We can advise you on these agreements.
For further enquiries, please contact:
Tel: 01489 785737