Prenuptial and Postnuptial Agreements
Prenuptial and Postnuptial Agreements
Prenuptial and Postnuptial Agreements
Prenuptial and Postnuptial Agreements Solicitors
Prenuptial and postnuptial agreements are legal documents that outline what should happen to your assets if your marriage or civil partnership breaks down.
They are effective ways of protecting any business interests, inheritance or investments that you have acquired prior to marriage and that you want to protect and retain in the event of divorce.
Without a legally drafted agreement, all of your assets will become matrimonial assets once you tie the knot. This means that, should the marriage end, they may be shared between you and your spouse.
Prenuptial and postnuptial agreements are particularly useful when there is a disparity between the amount of wealth and assets brought into a marriage by one partner compared to the other.
To find out how you could benefit from a prenuptial or postnuptial agreement, request an appointment with our expert solicitors.
Meet Our Prenuptial and Postnuptial Agreement Solicitors
Our experienced prenuptial and postnuptial agreement solicitors can provide specialist guidance on what to include in your agreement to ensure your interests are protected.
Your solicitor will tailor your agreement to your unique circumstances and answer all your questions.
To find out more, request an appointment with one of our prenuptial and postnuptial agreement solicitors.
What Goes Into Prenuptial And Postnuptial Agreements?
Prenuptial and postnuptial agreements are bespoke documents drawn up to reflect the unique circumstances of each couple, so can cover almost anything. However, there are certain things that couples usually think about when planning their prenuptial and postnuptial agreements, including:
- What will happen to the family home or to any property that either partner brings into the marriage
- What will happen to any property given to you or inherited during the marriage or any income or assets derived from trusts
- What will happen to money held in joint accounts and any property purchased jointly
- What will happen to any personal belongings or possessions owned before your marriage, or acquired during the marriage
- What will happen to any saved money earned during the marriage
- What will happen to your pensions
- How will you deal with any debts
- Whether either of you will pay or receive any maintenance and, if so, for how long
- What kinds of events may require the agreement to be reviewed
- Whether you wish the agreement to be confidential
- What kinds of arrangements you wish to make for any children you have, or are likely to have, both in financial and practical terms
- What arrangements you wish to make if either of you should die during the marriage, and whether you wish to make wills to make provision for each other in the event of death
What Are The Benefits Of Prenuptial And Postnuptial Agreements?
Pre-nuptial and postnuptial agreements provide greater certainty about financial arrangements in the event that you divorce. They are an effective way to protect assets that you may have had prior to the marriage, particularly if you wish to protect assets for children of a previous marriage or relationship to inherit.
If you have children, prenuptial and postnuptial agreements can also clearly outline requirements around financial arrangements and care, providing stability even in the event of a relationship breakdown.
You don’t have to be super-wealthy to benefit from prenuptial agreements or postnuptial agreements. If you own your own home, have or are going to receive inheritance, have been widowed and want to protect your possessions before remarrying, are a high earner who wishes to protect what you have accrued so far, have acquired wealth that you want to leave to your children or have business assets that you wish to protect, an agreement could be particularly valuable to you.
Having an agreement in place can minimise any acrimony or disputes should you divorce, which in turn can result in a less expensive process. The court will always have jurisdiction in the event of a divorce, but if you have a fair, up-to-date agreement that you both still agree upon, this can go a long way to ensuring a smooth divorce process.
How Long Do Prenuptial And Postnuptial Agreements Take?
Prenuptial and postnuptial agreements must be freely entered into by both parties and must be fair to both parties. While agreement on the contents of a prenup or postnup can be reached relatively quickly in some cases, both you and your partner will need to seek independent legal advice before signing your agreement.
Prenuptial agreements must be signed at least 28 days before a couple’s wedding to avoid later accusations that one or other party signed under duress. If the wedding day is sooner than that, we would recommend entering into a postnuptial agreement after your marriage.
By using a solicitor to draft your prenuptial agreement or postnuptial agreement, you can be sure that it has been professionally prepared, all eventualities have been considered, the signing process conducted correctly and that the agreement will stand up to scrutiny in the event of a relationship breakdown. In total, it should take around one to three months to complete your prenup or postnup, depending on the complexity of it.
How Beswicks Legal Can Help With Prenuptial And Postnuptial Agreements
Our highly-rated family team includes expert prenuptial agreements solicitors and postnuptial agreements solicitors who can guide you through the process of discussing and agreeing the provisions that should be included to protect your assets and children.
They will take time to explain everything to you clearly and use their experience and technical expertise to ensure you achieve a fair and practical agreement that suits your needs.
To arrange an appointment with a member of our family team, email enquiry@beswicks.com or phone us on 01782 205000 or 0161 929 8494. .
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Your questions... answered
What is the difference between prenuptial and postnuptial agreements?
Prenuptial agreements and postnuptial agreements both set out what should h
Will a prenuptial agreement consider future assets?
Prenuptial agreements and postnuptial agreements can protect both existing
How much do prenuptial and postnuptial agreements cost?
The costs of a prenup or postnup can vary significantly depending on the ci
What is the process of getting a prenuptial or postnuptial agreement?
The first thing to do is to both find family solicitors who specialise in p
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