We have an experienced team of post and prenuptial agreement lawyers that are here to help you plan for the future.
We can assist you with:
- Prenuptial (Prenup) advice and planning
- Outlining the benefits and drawbacks of a prenup agreement and how it will be taken into consideration in the event of a divorce
- Drafting a prenup agreement
- Navigating prenup disputes to a positive outcome
What is a prenuptial and postnuptial agreement?
As couples become more aware of their joint financial commitments, alongside the emotional consequences and potential complexities of divorce, pre and postnuptial agreements are gaining in popularity.
A prenuptial agreement, also known as a prenup agreement, is entered into by a husband and wife prior to marriage and a postnuptial agreement is arranged afterwards. These agreements set out how the couple’s assets will be divided in the event of a future separation or divorce.
It is likely that one individual will earn more and will have amassed more wealth compared to their married partner. These agreements protect your personal assets, regardless of an individual’s wealth when married, providing peace of mind in the event of a divorce.
The main reasons for having prenuptial agreements in place include:
- Preventing future arguments and uncertainty, in the event of a separation
- Protecting inherited money, assets or savings accumulated over the years
- Conserving assets your children or those from a previous relationship
- Ensuring your business interests are protected for the future
- Protecting each party from the other’s debts
- Providing financial protection if marrying somebody abroad, as legal jurisdiction can differ.
Are prenuptial agreements legally binding?
Prenup agreements are not legally binding in the UK, however, they are being accepted by courts increasingly, as evidence of a couple’s wishes, should a divorce take place. If there is no dispute over finances or property, and you are both happy with the agreements on the document, then the courts will most likely accept prenuptial agreements.
It is important the terms of the prenup agreement are fair and signed at least 28 days before marriage, outlining all asset and property agreements. A postnuptial agreement can be created after marriage if both parties agree.
Our family law and prenuptial agreement lawyers and solicitors in Stafford, Telford, Birmingham and surrounding areas are here to support and provide prenup legal advice. If you wish to discuss your family situation or want to create a prenup agreement to protect your future, our family law solicitors can support you and offer a FREE 30-minute consultation. Get in touch with us or you can call us on 01785 223440