Prenuptial Agreement

Description

If you and your future spouse have assets which each of you would like to own as individuals rather than jointly, then it may be necessary to record these assets in a prenuptial agreement. This will ensure that any assets, whether property, cash or heirlooms owned prior to the nuptials would remain in the possession of the person who owned them after the marriage or civil partnership takes place. This covers situations where both parties have taken independent legal advice or where both have made a considered decision not to.

When to use:

Use this prenuptial agreement if you:

• Are getting married or entering into a civil partnership
• Bothwant to agree that assets owned separately will remain in separate names
• Bothwant to agree that neither of you will have any claim against the other for maintenance or support if the marriage or partnership breaks down
• Bothagree to complete this agreement and have been honest about your finances and property
• Bothhave taken independent legal advice or decided not to

What this covers:

This prenuptial agreement covers:

• Property and money owned individually by those getting married or a civil partnership that are to remain theirs if the marriage breaks down
• An agreement that neither party will have any claim against the other for maintenance or support if the marriage or partnership breaks down
• Property acquired after the marriage or partnership will be divided as the couple agree or as ordered by a court
• Confirmation that the couple have entered into the agreement freely, and have taken or had the opportunity to take independent legal advice