Why Prenuptial Agreements Matter: Lessons from a Whirlwind Celebrity Marriage
Katie Price’s rapid wedding shows how little time couples sometimes have to protect their assets. Learn why prenuptial agreements are crucial.
Whether you’re preparing for marriage or considering your options after tying the knot, we provide clear, compassionate advice to protect your financial interests and assets. Our lawyers are experts in drafting comprehensive prenuptial and postnuptial agreements.
Talk to one of our friendly and experienced team on 01442 872311
A prenuptial agreement, often called a “prenup,” is a formal document agreed upon by couples before marriage or civil partnership. It sets out how financial assets will be handled during the marriage and how they will be divided in the event of separation.
Prenuptial agreements are designed to:
While not automatically legally binding in the UK, these agreements are highly persuasive if both parties enter voluntarily, disclose finances fully, get independent legal advice, and sign at least 28 days before the wedding.
By addressing financial arrangements upfront, a valid and fair prenuptial agreement can save significant time, costs, and stress in the future if a divorce becomes inevitable.
A postnuptial agreement is similar to a prenuptial agreement but is created after the marriage or civil partnership has begun. It can be used to address financial arrangements or changes in circumstances that may not have been accounted for before marriage. It can also be used if you’ve left it too close to your wedding date before considering a nuptial agreement, as a prenuptial agreement really needs to be completed at least 28 days before a marriage.
As with prenuptial agreements, postnuptial agreements are not automatically enforceable under English law but are increasingly recognised by courts if they are fair, properly executed with appropriate independent legal advice, and account for relevant circumstances. If there have been no significant changes to either party’s financial situation between the date of signing and a subsequent divorce, the court is likely to regard the agreement as very persuasive if a dispute arises.
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A prenuptial agreement might be beneficial in the following circumstances:
By having a prenuptial agreement you can enter into your marriage with clarity and certainty about what would happen if you divorce, offering peace of mind.
To create a prenuptial agreement, both parties must provide full financial disclosure to one another, seek independent legal advice, and freely sign the agreement, ideally at least 28 days before the wedding.
While these agreements are not automatically legally binding in the UK, they are highly persuasive if they meet the required criteria, including:
Postnuptial agreements can be especially useful for:
Postnuptial agreements are a flexible way to address financial arrangements after marriage and can help resolve potential concerns if one party’s financial circumstances have changed. They are also useful in circumstances where you’ve left it too close to your wedding date to enter in a prenuptial agreement at least 28 days before the wedding.
The cost will depend on the complexity of your situation. We offer transparent pricing, so call us for a detailed cost estimate.
A cohabitation agreement is a legal document outlining financial arrangements and property rights for cohabiting partners, protecting their interests during the relationship and in case of separation. If it was not drafted in anticipation of a marriage and does not cover reasonable provision for your spouse’s needs in the event of a separation, the agreement may not stand. We always recommend reviewing a cohabitation agreement entering a new prenuptial agreement if you decide to get married and want the same principles as your cohabitation agreement to apply.
Yes. As it is a requirement for each party to have independent legal advice for a pre or post nuptial agreement to be considered by the court on a divorce, without solicitors an agreement simply will not stand. Our experts can provide simple and cost effective advice on all aspects of nuptial agreements.
Our experienced solicitors are on hand to give you advice and assistance.
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