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The stigma of pre and post-nuptial agreements is slowly becoming a thing of the past. With many of us seeing the benefits of protecting our assets, the amount of couples who are in happy relationships are increasingly taking out pre and post nuptial agreements. It is not just those who are in unhappy relationships who take out legal advice when it comes to nuptials.
Just like with insurances, many of us don't take out holiday insurance expecting to spend our two weeks in the sun sitting in a foreign hospital. A nuptial agreement is a similar scenario. With pre nuptials having been taken out before marriages, many of us are taking out post nuptials after marriage too.
But why take one out in the first place?
Many of us take out a pre or a post nuptial to protect an asset. With many people marrying later in life, or being on their second marriage with children from their first conjugality, the nuptial is a system that creates less conflict in the future when assets are combined. They are a great way to protect assets such as a business or an inheritance. Times of divorce can be fraught and tension filled and a nuptial agreement sets out what your intentions may be in the future. They reduce conflict and having such an agreement in place should make marital splits far easier with regards to time and solicitors fees in the future.
A nuptial agreement can be a simple document or can be as detailed as the individual requires.
No one knows what the future will bring. No one knows whether the next few years will be full of choppy waters or if it will bring us plain sailing weather. The most important thing is to plan. When children are involved, we cannot stress the importance of making the break up as amicable as possible. Having the framework of a nuptial agreement is usually of great assistance.
For further information and advice on this issue, and other family law issues, please contact us for a free initial consultation on 01992 306 616 or 0207 956 2740 or email us.Back to Law Articles