Supporting Your Happy Marriage
Agreeing what you would want to happen should your relationship break down is not going to be the most romantic part of your wedding preparations, but it doesn’t have to be traumatic either and could save significant heart-ache, cost and uncertainty in the future.
It can make sense to talk about a pre-nuptial agreement at the same time as you make decisions about joint or separate bank accounts, adding (and removing) names on mortgage documents etc and updating your wills to reflect your new status; particularly if one or other of you is entering into the marriage with pre-acquired assets whether they be from a previous marriage or an inheritance or other wind-fall.
What Does A Pre-Nuptial Agreement Cover?
At Emery Johnson Astills we can help you draw up an agreement to cover anything important to you. These could be the financial arrangements for each other but also for any children you may have separately. You may wish to agree a date or event(s) on which to review the agreement for example if you become pregnant, adopt children, or retire.
It is essential that you both take independent legal advice and although the courts may not automatically enforce a pre-nuptial agreement, the fact that you each sought legal advice before signing will demonstrate that you intended to be bound by the terms of the agreement. It therefore can be very persuasive.
You must sign any pre-nuptial agreement at least 21 days before you actually get married so it is best to give early consideration to the need for one. Don’t worry if you’ve left it too late for a pre-nup; we’re increasingly helping clients to draw up post-nuptial agreements too.
Book an initial consultation to put your marriage on a firmer financial footing.