Prenuptial and Postnuptial Agreements

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Are you considering entering into a Prenuptial or Postnuptial Agreement?

Nobody wants to begin their marriage by thinking about what might happen if it does not work out. However, the unfortunate reality is that a significant proportion of marriages in the UK end in divorce.

Agreeing on how to separate finances and other assets can often be a particularly painful and acrimonious part of the separation process. That is why it can be a good idea to enter into a prenuptial or postnuptial agreement at the beginning of your marriage, as an insurance policy in the event of a worst-case scenario.

Our family law solicitors possess a wealth of experience in providing expert advice to clients considering prenuptial agreements. We can also assist in drafting prenuptial agreements as an impartial third party.

We act for clients in Amersham, Chesham, Holmer Green, Hazlemere, Widmer End, Great Kingshill, High Wycombe, Rickmansworth, Beaconsfield, Chalfont St Peter, Gerrards Cross and throughout Buckinghamshire and Hertfordshire.

Call 0800 086 2929, email info@elitelawsolicitors.co.uk or complete our Free Online Enquiry Form to arrange a free, no-obligation discussion and let one of our accredited solicitors explain your legal rights and options.

prenuptial agreements

Prenuptial Agreements

A prenuptial agreement is an agreement entered into prior to a marriage, which sets out how finances including assets, pensions, and savings should be divided should the engaged couple eventually choose to separate.

Prenuptial agreements are suitable for all couples, regardless of net worth or personal circumstances, but may be particularly appropriate in the following cases:

  • If you have assets that would be difficult to divide equally
  • If either party owns a business, they wish to retain control of
  • If either party has outstanding debt and their partner wishes to remain exempt from that debt
  • If either party has children from a previous marriage and wants to ensure that certain assets and inheritances are safeguarded for them
  • If either party would like to ensure that they retain control over their financial situation in the event their marriage breaks down

While prenuptial agreements have been legally binding in many European countries for a long time, until recently this was not the case in the UK. However, in 2010 the Court ruled to uphold a prenuptial agreement in the landmark case of Granatino v Radmacher. As a result of this ruling, prenuptial contracts have now become legally binding unless they are deemed to be unfair.

This legal weight means that a prenuptial agreement should not be entered into lightly. Both parties must agree voluntarily to the terms, with a solicitor providing legal advice and vouching for their client’s understanding of the implications of the agreement. The agreement itself should be drafted by a third impartial solicitor to ensure fairness.

Postnuptial Agreements

While most people may have heard of a prenuptial agreement, fewer are aware that it is possible to draw up a postnuptial agreement once you are already married.

Postnuptial agreements are largely the same as prenuptial agreements: they cover the same topics and require the same voluntary agreement from both parties, backed up by a Solicitor’s advice, to ensure validity. One important distinction to note, however, is that postnuptial agreements are not currently legally binding, although they will still be taken seriously by the Court.

What We Can Offer You

It is easy to dismiss prenuptial agreements as cynical, but in reality, they are a sensible admission that the future cannot be predicted. They are also serious legal agreements, and as such should not be entered into lightly.

When thinking about entering into a a prenuptial agreement it is important that both parties seek legal advice from an experienced family law solicitor. Our family law team have many years of experience in this field, and our Law Society Family Law Panel Accreditation demonstrates our expertise in all aspects of family law, including advising on and writing prenuptial and postnuptial agreements.

An experienced and accredited solicitor will have an initial consultation with you, free of charge, to discuss your situation in more detail. Once we understand your circumstances better, we can provide you with a clearer understanding of how we can help you.  We will also provide you with a price quotation and a choice of funding methods at the outset.

Call 0800 086 2929, email info@elitelawsolicitors.co.uk or complete our Free Online Enquiry Form to arrange a free, no-obligation discussion and let one of our accredited solicitors explain your legal rights and options.

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Christopher Dolton

Solicitor and Accredited Mediator
Family Law and Divorce

“We felt that at all times Chris Dolton and Carol explained things to us in a way which was easily understood.  We also felt that they had our best interests at the forefront of any decisions that we had to make.”

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