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A prenuptial agreement, often referred to as a prenup, is a written agreement made between a couple before they marry. It sets out what will happen to your assets and liabilities should you divorce. A postnuptial agreement is similar but is entered into following marriage.
Although this type of agreement is often considered to be just for the very wealthy, it could benefit many couples by facilitating open discussions and consensus as to what would happen if they separate in the future and can also reduce the likelihood of disputes arising over finances during the marriage. A prenup or postnup may be particularly advisable if one partner brings significantly more wealth, or debt, to the relationship, has children from a previous marriage or owns a business.
A prenup can provide you with the certainty of knowing what will happen should you divorce.
We can work with you to draw up a bespoke and fair prenuptial or postnuptial agreement. Our family law solicitors have extensive experience in assisting clients in protecting their financial wellbeing, particularly in high value or complex situations.
A prenup can provide you with the certainty of knowing what will happen should you divorce. The agreement can include provision for any children you may have, which can be reassuring.
A similar pre-registration agreement can be drawn up if you will be entering into a civil partnership.
Prenups are considered by many as a way of entering into a marriage or civil partnership openly and honestly so that you both know the state of each other’s finances and so that you have agreed on financial security for both of you, should you divorce. It can also protect assets for children of a former relationship.
While a prenup is not strictly legally binding, if it has been drawn up by a solicitor, all assets and liabilities have been disclosed and both parties have taken independent legal advice before signing, the court will generally give weight to the agreement when making any decision. In many cases, the existence of a prenup, postnup or pre-registration agreement will help those involved avoid court action completely.
The agreement will usually list all of the assets owned by the parties together with details of what will happen to them in the event of a divorce.
Assets often include a home, savings, pensions, investments and valuable items. If one or both of you own a business, the agreement can state what will happen to this. Debts should also be included, both existing and future.
Our family law team are experienced in drawing up watertight prenuptial and postnuptial agreements for clients in a range of situations.
While our office is in Milton Keynes, we are experienced in working with clients throughout England and Wales, often remotely, meaning that you can expect the same expert legal advice and excellent client care wherever you are located.
If you would like to speak to one of our family law solicitors, please get in touch with our legal expert Keshini Rajendra.01908 662 277
Our family law services are designed to help people in Milton Keynes and the surrounding areas to easily handle their legal issues.
Our highly experienced family solicitors advise on all matters, including divorce, marriage and civil partnerships, cohabitation agreements, pre-nuptial agreements, children’s issues such as parental responsibility and child contact arrangements, and financial provision after a relationship breakdown. We also advise on other related aspects of family law, such as adoption, surrogacy and domestic violence injunctions.
We understand that dealing with family law matters can be daunting and emotionally challenging for our clients, and we work hard to find the best solution for their circumstances.
Heald Solicitors is a law firm dedicated to helping our clients achieve the best possible outcome when it comes to family law issues. Our solicitors will work hard on your behalf, offering comprehensive legal advice at every step to ensure you receive the support you need during this difficult period.
Our family lawyers are in Milton Keynes, but our leading reputation means that we also deal extensively with clients from the surrounding areas and beyond, communicating remotely where necessary.
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