Solicitors for prenuptial agreements in the UK
Why have a prenuptial agreement?
Pre and post nuptial agreements are entered into by happy couples before or after marriage. They can be used as an effective wealth planning tool to protect the financially stronger party to a marriage whilst at the same time providing an element of financial certainty for the financially weaker party in the event that the relationship breaks down.
Nuptial agreements are increasingly popular in this country as more and more couples are concerned by the potential cost, both financial and emotional, of getting divorced.
Couples may choose to set out in a document what will happen in the event that their marriage or civil partnership breaks down.
The most common reasons for having a nuptial agreement are:
- Protection of inherited or family wealth or where there is a disparity in wealth between a couple
- Second marriages: when one or both parties want to preserve some element of their estate for their children from a previous relationship
- Private companies where there are shareholders agreements in place
- Where there may be a debate as to in which country divorce proceedings will be heard