Although it may be a difficult subject to discuss for anyone about to get married, but pre-nuptial agreements could be a sound long term investment
If you are thinking of marrying your partner you may wish to enter into a Pre-Nuptial Agreement with them. This is usually the case where a party to the intended marriage has a greater amount of assets than the other or when an asset has been acquired prior to the marriage. A Pre-Nuptial Agreement is a formal document which confirms what should happen to each party’s assets should the marriage come to an end.
As with Pre-Cohabitation Agreements there is no guarantee that the Courts would agree to follow the Agreement should the parties to the marriage apply for a divorce. However, Pre-Nuptial Agreements are becoming more popular within the UK and weight will be given to it provided that its terms are fair. Bryan & Armstrong are offering a 20% discount off your first consultation should you be considering going ahead.
So what are the advantages of considering pre-nuptial agreements
A pre-nuptial agreement offers significant benefits for couples entering marriage by providing clarity and protection. It sets clear terms for asset division, reducing conflicts if a divorce occurs, and helps protect individual assets, especially those acquired before marriage, inheritance, or businesses. Pre-nups can also safeguard one party from the other’s debts, ensuring financial security.
This agreement encourages open communication about finances, fostering trust and transparency in the relationship. Additionally, it can be customised to reflect the unique needs and values of the couple, making it a flexible tool for planning their future.
While some view pre-nuptial agreements as unromantic, they can actually strengthen a marriage by setting realistic expectations and reducing anxiety about the unknown. Overall, a well-drafted pre-nup offers peace of mind, knowing that both parties have a fair and agreed-upon plan in place, no matter what the future holds.
Bryan & Armstrong can support you with all aspects of family law, from divorce, domestic abuse, legal aid, unmarried couple disputes, arrangements for children and starting a new relationship
