Have you considered a Prenuptial Agreement?

A recent report from the Office for National Statistics shows that the age at which people are getting married continues to rise. Historically, the largest number of marriages were to men and women in their twenties. More recently, the highest number of marriages and civil partnerships has occurred among people in their thirties.

It seems clear, therefore, that many of those marrying will have established financial and family arrangements in place by the time they marry. They may have children or even grandchildren; they may already own their own property and have built up a pension fund to which their spouse made no contribution. Their spouse likewise may have family, assets and pensions already established. 

Couples in that situation are increasingly considering entering into pre-nuptial agreements. They may also consider making post-nuptial agreements after their marriage. In both cases, the purpose is to identify clearly what they regard as constituting marital assets for sharing in the event of separation or death. They may, for instance, want to ensure that their spouse will have an unimpeded right to occupy the marital home in the event of the owning partner’s ill health or death, so as to be clear with adult children or other family members as to how a spouse is to be catered for.

If this is a matter which you would like to consider, a member of Neves Family Department will be happy to talk to you. 

Get in touch by calling 0330 0945 500, emailing info@neves.co.uk or completing our Contact Form and well get back to you.