Family Law Solicitors
Pre- and Post-Nuptial Agreements Solicitors Essex
A pre-nuptial agreement is an agreement between a couple before they marry detailing the ownership of their respective assets in the event that their marriage breaks down. Pre-nuptial agreements are important when a person has a large estate or expects to receive a large inheritance.
Pre-nuptial agreements aren’t for everyone. For example, a young couple getting married who bring few or no assets to the marriage union has little need for such a contract. Whereas, for couples getting married with significant assets or a large estate, a pre-nuptial agreement is essential.
You can determine what share your spouse will receive of your estate in the event of divorce or your death, as well as protect any income or assets you earn during the marriage.
A pre-nuptial agreement is generally said to be more straightforward than post-nuptial agreements as it is made before a couple’s assets become combined, marital assets.
A post-nuptial agreement is almost identical to a pre-nuptial agreement. The biggest difference is that a post-nuptial agreement is made after the wedding.
Many couples opt for post-nuptial agreements simply because they were unable to draft, finalise and sign a pre-nuptial agreement given all the chaos and excitement of wedding planning. Others see the procedure for a pre-nuptial agreement as awkward and better to deal with after the wedding.
If you are considering a post-nuptial agreement, it’s important to understand that many of your assets become marital property as soon as you marry. Therefore, as a couple you will need to determine how to divide these marital assets as well as any future earnings in your post-nuptial agreement.
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Divorce can be one of the most upsetting and traumatic events in an individual’s life. A pre-nuptial or post-nuptial agreement however, can make the process of handling finances more quickly and amicably which can make the process of divorce a little less painful and stressful.
If you are thinking about entering into a pre- or post-nuptial agreement with your partner or spouse, do not hesitate to give our offices a call on 0203 876 7136 and our specialist team of solicitors will be happy to advise you. Alternatively, please email us at email@example.com and we will get back to as soon as possible.
Please note that you do not have to attend our offices and we can take your instructions by email, phone or Zoom video call conferencing.