Prenuptial Agreements are regarded as unromantic, but:-
- If every couple had one, there would be far fewer disputes about finances and all solicitors would be left twiddling their thumbs.
- If a Prenuptial Agreement is prepared with the assistance of an expert family solicitor, it stands a good chance of being upheld by the Court.
- It is vital for there to be a Prenuptial Agreement if one of the couple is wealthy and has significantly more assets than the other person.
- If it is a second marriage and if either party brings assets into the marriage, or if there are children from the first marriage, this will provide protection to them.
- If you don’t have a Prenuptial Agreement and your marriage breaks down, any assets owned in your sole or joint names form a part of the pot to be divided.
If you require further advice about Prenuptial Agreements, the members of the Family Team at Dutton Gregory will be able to assist you.