With up to 50% of marriages ending in divorce, it is becoming more common for couples to enter into a Prenuptial Agreement before they marry.
If you would like to go down this route, it is important to make sure that your agreement is prepared properly. Jackson Lees can help you achieve this.
What is a Prenuptial Agreement?
A Prenuptial Agreement is a document that can help set out what happens if the marriage breaks down. It can also make provisions for any children from previous relationships.
In addition, the agreement can cover assets or property purchased together, as well as inherited assets that you are bringing into the marriage.
All of your assets usually become ‘matrimonial assets’ once you are married. A Prenuptial Agreement can give you and your partner more control over this process.
Why Choose a Prenuptial Agreement?
There are many situations in which you may consider entering into a Prenuptial Agreement. Here are a few examples:
- If you are getting married and want to protect your property in case it all goes wrong.
- If you have suffered financial loss when a previous marriage has gone wrong, and wish to protect your assets to avoid this happening again.
- If this is your second marriage or you have had a previous long term relationship and want to protect your assets and your children’s inheritance before marrying again.
Prenuptial Agreements are increasingly being taken more seriously by the courts, they can now carry significantly more weight than ever before.
If you and your partner are looking to create a Prenuptial Agreement, Jackson Lees can guide you through the process to make sure everything is done properly and in your best interests. Call us today for further information.