Pre Nuptial Agreements an outline to read about.
A prenuptial agreement (often referred to as a prenup) is a contract entered into between two parties before they marry. It records the ownership of assets and details what will happen to these assets should the marriage break down and end in divorce.
Prenuptial agreements can cover a lot of different issues. When drawing up an agreement, your solicitor will advise you on what is appropriate to include. This can include but is not limited to Property, Money, Debts, Children, or Inheritance.
There are many reasons to consider getting a prenuptial agreement. Some of the most popular motivations are:
1. There is an existing disparity in wealth between you and your partner.
2. There is an expectation of future wealth for one party.
3. There is a business to protect.
4. There is an inheritance to protect.
5. There is the possibility of international divorce law.
One key issue that can determine whether a prenuptial agreement is upheld or rejected by the Court is whether each party sought independent legal advice prior to signing. The involvement of a solicitor will make it easier to prove other important factors that the Court will consider when determining the validity of a prenuptial agreement, such as whether both parties fully disclosed their assets and whether either party was under threat of force or deception at the time the prenuptial agreement was signed (Pre Nuptial Agreements).
Contact our firm of expert family law Solicitors in Southall. Our firm is regulated by the Solicitors Regulation Authority (SRA).
Should you wish then feel free to contact our family law Solicitors based in West London who has been serving you since 2008, so do not stress and obtain advice from an expert solicitor by booking your appointment.