UK Prenuptial Agreement Solicitors A Prenuptial Agreement is an agreement made by a couple before they marry, setting out how they would like their assets split if they divorce.
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With around 50% of all marriages ending in divorce these days, and given the powers of the family courts to re-distribute family property, the Prenuptial Agreement is becoming more popular in the UK. After marriage, all of a couple's assets become matrimonial assets. A Prenuptial Agreement is designed to try and limit any claims on those assets by the other party if the marriage ends.
Although currently unenforceable, a Prenuptial Agreement properly drafted by a specialist family solicitor can be persuasive evidence to the court in indicating how a couple agreed before they married to divide their property – this can have a significant impact on the outcome of a divorce case. Furthermore existing prenuptial agreements could become enforceable in the UK in future.
Prenuptial Agreements are becoming increasingly popular as a method of protecting assets owned before marriage, inherited assets, and legacies to children from a previous marriage – especially for those who remarry later in life.
Anyone thinking of marriage should consider whether they need a Prenuptial Contract.
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