Pre Nuptial Agreements
Pre Nuptial Contracts Introduction
When people wish to live together, marry or enter into a civil partnership issues can arise about protecting wealth both now, for example, to recognise pre acquired wealth or in the future, for example, by way of a gift or inheritance.
It is quite possible to attempt to protect or ring fence such wealth by way of a:
• a cohabitation agreement for those couples simply living together
• a pre nuptial agreement (also known as a pre marital agreement) for marrying couples
• a pre civil partnership agreements for same sex couples who are to enter into a civil partnership
Legal advice is needed to ensure that a pre nuptial agreement or pre nuptial contract is entered properly. It is commonly said that such an agreement is ‘not worth the paper it is written on’. This is not quite true. Whilst a pre nuptial or pre marital agreement will not bind a court, it can be quite a persuasive document and there has been a willingness from the courts to keep people to such an agreement.
For pre nuptial agreements advice or an informal chat with an experienced pre nuptial contracts lawyer please contact James Maguire by telephone +44 (0) 1625 529456 or by email at james.maguire@family-law.co.uk
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