Donnelly & Elliott have supported hundreds of couples through a pre-nuptial agreement, ensuring that both parties’ assets are protected.
A pre-nuptial (commonly known as pre-nup) is a legal agreement that is designed to make things easier to sort out if the marriage breaks down. It can protect any pre-existing fortune, a spouse from a partner’s debt, provide for children of a previous marriage and ensure family property is kept within the family.
Different people have different attitudes to money, and that can cause arguments even among close family and friends. Money is the leading cause of stress in relationships – and that stress can sometimes strain a relationship to breaking point.
Setting out each of your assets ensures that you both have a clear understanding of finances when entering the marriage. You will have already agreed on many financial issues that could cause future arguments and potentially lead to a divorce.
In order to comply with the law, a pre-nup needs to be drawn up and signed by a qualified solicitor. Both parties will also need separate legal representation and to confirm that they entered the pre-nup voluntarily. The pre-nup needs to be signed at least 21 days before the marriage.
A post-nuptial agreement is exactly the same as a pre-nuptial agreement; however the process takes place after the marriage.
Contact Donnelly & Elliott to discuss whether a pre-nuptial or port-nuptial agreement is for you, call us today on 02392 505500 or email enqs@donnelly-elliott.co.uk
