Pre-Nuptial and Post-Nuptial Agreements

Pre-Nuptial Agreements

A Pre-Nuptial Agreement is a legal document, prepared and signed before parties get married.  The Agreement will need to be signed no less than 28 days before the wedding, following the couple fully disclosing their financial position to one another.

The Agreement will set out how the assets will be divided in the event of divorce. The document will also set out any responsibilities the parties will have to one another following separation. This will depend upon their individual circumstances, and any change to such in the future, to include if one party gives up their career to raise the children.

For a Pre-Nuptial Agreement to remain fair, it will need to regularly be updated with any new event or change. This can include having children, change in earnings, inheritance received or if one party is no longer able to work due to a disability. The document (if amended once parties are married) will then become a Post-Nuptial Agreement.

Post-Nuptial Agreements

A Postnuptial Agreement is made after the marriage has taken place and they are extremely useful when there is a change in circumstances. The document can be reviewed and updated throughout the marriage to reflect the ongoing position of the parties; however, both parties must be in agreement to any changes.

Both Agreements are recommended to protect individual assets especially if there is financial imbalance in your relationship.

If you would like more information, or to discuss your circumstances, please contact us on 01270 611106 or 07518 512985 for a confidential chat with our friendly team.