Pre Nuptial Agreement Solicitors Newcastle and Sunderland
Pre Nuptial Agreements are an agreement entered into by a couple before their marriage/civil partnership takes place. It sets out how their assets would be divided if they divorce or dissolve their relationship.
Pre Nups, as they are often called, frequently hit the headlines in respect of the rich and famous.
Emmersons Solicitors Family Law Department are often asked to draft Pre Nuptial Agreements, especially by couples who have children from previous relationships. Consider Beth and John who are to be married soon; Beth has adult children from a former marriage, she owns her own home. John doesn’t have any children and his property is worth less than Beth’s. The couple have agreed that Beth will leave most of her estate to her children and not to John. She will not seek an interest in John’s property.
In this case as well as drawing up the Pre-Nup, I would also deal with Beth’s will and would make sure that she owned her home on her own rather than with John.
Recent case law has suggested that to be considered by a court a Pre-Nup should be signed by the parties at least 28 days before the marriage, both parties must make full financial disclosure of all of their assets to one another before the agreement is signed and each party should receive independent legal advice before signing. Otherwise there could be a suggestion that a party who did not receive advice was at a disadvantage when the Agreement was signed.
If you need help with your divorce or separation, then why not contact us for a Next Steps Divorce Advice Session and to see how we can help you. We can be contacted on:
Family Law Specialists Solicitors Newcastle: 0191 284 6989
Family Law Specialists Solicitors Sunderland: 0191 567 6667
or email us: email@example.com
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