For many people who are about to get married, pre-nuptial agreements are something that would never cross their minds. However, if you are getting married for the second or third time, or have significant wealth, then a pre-nuptial agreement is something worth considering.
Pre-nuptial agreements have only recently gained status in UK law, but are not always legally binding. At Saracens Solicitors, we have experience in drawing up pre-nuptial agreements and your divorce solicitor in London will accurately advise you on the process in order to avoid a faux pas.
Not just for the rich
Contrary to popular belief, pre-nuptial agreements are not just for the rich and famous. People are increasingly becoming aware of the financial adversity that a divorce can cause and protecting their hard-earned assets is a smart move. In this context, pre-nuptial agreements are a great investment.
Are pre-nuptial agreements legally binding?
Currently, there is no legislation in the UK that makes these agreements binding. However, in 2010 a court order decided that they are legal in England and Wales (Radmacher v. Granatino). This case opened the road for more divorce cases and over the years pre-nuptial agreements are increasingly supported and enforced by the courts.
When to consider a pre-nuptial agreement
If your partner has many debts, then contacting a divorce solicitor in London for a pre-nuptial agreement is a great idea. This agreement will protect your assets in the event of divorce and warrant that you will not share liability for your spouse’s debt. People who are about to get married for the second time are also encouraged to consider having a pre-nuptial agreement with the help of a divorce solicitor in London. This will protect their assets in the event of divorce and ensure that wealth will not be taken away from their children.
If you are interested in a pre-nuptial agreement, but don’t know where to start, then you should get in touch with Saracens Solicitors, your divorce solicitor in London. Our experienced solicitors are trained in all aspects of family law and will work closely with you to form a pre-nuptial agreement that will protect your best interests.