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Pre-nuptial agreements

Protect your property and assets with a pre-nuptial agreement

A pre-nup is an agreement that is entered into before marriage or before moving in together and sets out how property and assets are owned and how they will be divided if the relationship does not work out.  Pre-nups have been associated with celebrities and the very wealthy in the past. However, we now find that an increasing number of clients require advice on this subject, as it provides certainty to the couple.

Pre-nups are relevant for couples who have a significant disparity in either income or capital and are especially useful for someone who has acquired property or assets before their current relationship and wants to ensure this is ‘ring fenced’ in the event of the relationship not working out in the long term, possibly where one of the couple has children from an earlier relationship.

One lawyer cannot advise both you and your partner. Pre-nups require that you see a solicitor and that your partner is given advice by another independent lawyer so that the agreement is entered into is fair to both of you..

A prenup is not the only way to protect your property rights and financial interests, you can also establish a Domestic or Foreign Asset Protection Trust which transfers the ownership of your separate property (including your business) into the trust. Please give us a call if you would like to discuss the options available to ensure your property and assets are adequately protected.

Watson Thomas Solicitors have offices in Fleet, WinchesterGuildfordBracknell, Camberley, Farnborough and Woking.

If you are interested in setting up a Pre-Nuptial Agreement, please call on 0330 311 9849.

FAQ'S On Pre-Nuptial Agreement

What is a pre-nuptial agreement?

A pre-nuptial agreement is entered into before the wedding and sets out how property and assets are owned and how they will be divided if the relationship does not work out. They are a contract between you and your fiancé and are heavily persuasive documents. They are not binding Court Orders. The Court can ignore a pre-nuptial agreement if they wish to but only in certain circumstances.

What is the benefit of having a pre-nuptial agreement?

If you have considerable assets such as properties, investments, stocks and shares, retirement funds, especially those that make you wealthier than your partner, a pre-nuptial agreement will protect your assets in the event of divorce or splitting up. Also, if you own all or part of a business, have children or grandchildren, are expecting an inheritance or have a degree in, or are pursuing a potentially lucrative profession, then a pre-nuptial agreement is advisable.

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