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Pre-Marital agreements more commonly known as Pre-Nups (Pre-Nuptial Agreements) are something which more and more people are considering entering into before they get married.
Pre-Marital agreements are not just for the rich and famous. They can benefit you if you have acquired substantial assets before your marriage which you want to protect or if you are contemplating a second marriage and want to protect your wealth for children should the marriage come to an end.
Whilst a legal document might be the last thing on your mind in the run up to your wedding or civil partnership, a Pre-Nuptial Agreement offers clarity as to what happens to your own assets and any assets acquired during your marriage or civil partnership should the relationship break down.
If you are considering entering into this type of agreement care needs to be taken to make sure that it is legally binding. Call 0191 5806044 for a chat to give your some initial legal advice and discuss likely costs.
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Pre-Marital agreements more commonly known as Pre-Nups (Pre-Nuptial Agreements) are something which more and more people are considering entering into before they get married. They are not just for the rich and famous. They can benefit you if you have acquired substantial assets before your marriage or if you are contemplating a second marriage and want to protect your wealth for children should the marriage come to an end.
Whilst a legal document might be the last thing on your mind in the run up to your wedding or civil partnership, a Pre-Nuptial Agreement offers clarity as to what happens to your own assets and any assets acquired during your marriage or civil partnership should the relationship break down.
Whilst Pre-Nups are often associated with celebrities a Pre-Nuptial Agreement is a sensible way to protect your assets after marrying removing doubt, worries and insecurities for both of you so that you can focus on what is really important, building a life together, knowing that your interests and those of your partner are protected.
If you are considering entering into this type of agreement care needs to be taken to make sure that it is legally binding. This is particularly the case with Pre-Nuptial Agreements where there are potential hurdles to creating a binding agreement. For example, you need to make sure that there is enough time before your wedding to finalise the agreement. The agreement can be binding provided it is not unfair and properly drawn up following full financial disclosure and appropriate legal advice.