Prenuptial and postnuptial agreements offer a useful way to protect certain assets against the possibility of divorce.
A prenuptial agreement (sometimes referred to as a prenup) is an agreement made between you and your partner before you get married, which set out how assets and money will be split in the event that your marriage breaks down and you divorce.
A postnuptial agreement is very similar, but is made after your marriage has taken place.
They are often of greatest help to people with wealth and valuable assets that they wish to safeguard from any divorce proceedings. However, prenuptial and postnuptial agreements can also help:
If you are considering whether a prenuptial or postnuptial agreement might be useful in your situation, Truth Legal can help. We are strongly committed to offering a high-quality legal service backed by specialist knowledge and expertise – and our extremely positive reviews on Trustpilot bear this out.
If you would like to see how a prenuptial or postnuptial agreement might help you, get in touch with us today.
Both prenuptial and postnuptial agreements may seem pessimistic at first glance. When you are happy in your relationship, and about to get married, what might happen in a break-up is probably the last thing on your mind. Prenuptial agreements are often overlooked as a result. But they can be a very wise precaution, one which hopefully will not be required but, if it is, can facilitate the divorce process and provide many useful legal protections.
The benefits of a well-drafted prenuptial or postnuptial agreement include:
Yes, it is possible for people entering into a civil partnership to make an equivalent agreement. It is often referred to as a pre-partnership agreement but it has near-identical purposes and effects.
No – prenuptial and postnuptial agreements are not legally binding in England and Wales. This means that their terms can be disregarded by a court when deciding on a disputed divorce settlement.
When considering whether the prenuptial or postnuptial agreements are valid and should be upheld by the court, the following factors will be taken into account:
Provided a prenuptial or postnuptial agreement can pass these tests, it is likely a court will uphold its terms.
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Contact us today for clear advice on prenuptial and postnuptial agreements.
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