Prenuptial and Postnuptial Agreements: Protecting Your Assets

When it comes to marriage, it is important to consider not just your emotions but also practical matters such as asset protection. Prenuptial and postnuptial agreements are legal tools which can assist couples safeguard their assets in the event of a relationship breakdown.

What Are Prenuptial and Postnuptial Agreements?

Prenuptial Agreements (Prenups): These are agreements that are made before marriage or civil partnership. Such agreements outline the division of assets, debts, and income in the event of a relationship ending. Prenups cover such financial matters as property ownership, business interests, and spousal financial support.

Postnuptial Agreements (Postnups): Similar to prenups, but made after the initial marriage/ civil partnership ceremony. Such agreements serve the same purpose as prenups.

Benefits of Prenuptial and Postnuptial Agreements

1. Asset Protection: Both agreements protect assets acquired before and during marriage, including businesses, properties, and inheritances.
2. Clarity and Certainty: Both agreements provide clarity on financial matters, with a view to reducing potential disputes on divorce.
3. Preservation of Family Wealth: Particularly beneficial for preserving family wealth and inheritance and future inheritances.
4. Customisation: You can tailor agreements to suit each couple's unique circumstances and priorities.

How Aticus Law Can Help

At Aticus Law, our team specialises in drafting and negotiating prenuptial and postnuptial agreements. We work closely with clients to address their concerns and meet their objectives with professionalism and expertise.

Conclusion

Prenuptial and postnuptial agreements offer a practical way to protect assets and secure financial futures in marriages. Whilst not strictly enforceable in England and Wales, at present, if appropriately drafted, prenuptial and postnuptial agreements are more likely to be given weight. Contact us today for a free initial assessment.

If you are considering a prenuptial or postnuptial agreement, you can get in touch with our team today, based in Wilmslow or Manchester, who will be happy to help.