Prenuptial Agreements
At BSG Solicitors, we are committed to helping couples plan for their future. A prenuptial agreement is a practical and proactive way to protect your financial interests, providing peace of mind as you embark on married life. With offices conveniently located in Preston and Lancaster, our experienced lawyers are here to guide you every step of the way.
What is a Prenuptial Agreement?
A prenuptial agreement, commonly known as a "prenup," is a legal document entered into by a couple before marriage or a civil partnership. It sets out how their financial assets and obligations will be handled in the event of a divorce or separation. While not automatically legally binding in England and Wales, the courts have increasingly recognised and upheld prenups that are considered fair and meet specific criteria.
Why Should You Consider a Prenuptial Agreement?
Prenuptial agreements are not just for the wealthy—they can be invaluable for anyone looking to establish financial transparency and security. Here’s why a prenup might be right for you:
Safeguarding Pre-Marital Assets: Protect property, savings, or investments acquired before your relationship.
Protecting Family Wealth: Preserve inheritances, family businesses, or heirlooms for future generations.
Blended Families: Ensure your children from previous relationships are provided for.
Clarity and Certainty: Minimise the risk of potential future disputes.
How We Can Assist You
We provide expert legal advice tailored to your unique circumstances. Our friendly and knowledgeable family lawyers will help you draft a prenuptial agreement that is fair, comprehensive, and meets all legal requirements. We are committed to ensuring that the process is as straightforward and stress-free as possible, respecting the sensitivity of your relationship throughout.
Why Choose BSG Solicitors?
Local Expertise: With offices in Preston and Lancaster, we offer accessible and trusted legal services to individuals across Lancashire.
Personalised Approach: Every relationship is unique, and we ensure your agreement reflects your specific needs and priorities.
Experienced Team: Our family law solicitors have a wealth of experience in drafting prenuptial agreements that stand up in court.
Contact Us
If you need advice contact our team today:
Lancaster Office: 01524 386500
Preston Office: 01772 253841
Email: enquiries@bsglaw.co.uk
Frequently Asked Questions On Prenupital Agreements
Are prenuptial agreements legally binding in the UK?
Prenuptial agreements are not automatically legally binding in England and Wales. However, if they are entered into freely by both parties, with full disclosure of financial information, and are deemed fair by the court, they are likely to be upheld.
You should consult solicitors in Scotland and Ireland for advice about the law there which is different to the law in England and Wales.
Can we create a prenuptial agreement after we’re married?
Yes but it has a different name. A prenuptial agreement must be made before marriage or a civil partnership. However, a similar document called a postnuptial agreement can be created after marriage or civil partnership to achieve the same objectives.
What can a prenuptial agreement cover?
A prenup can cover a wide range of financial matters, including property ownership, savings and investments, pensions, debts, inheritance, and business assets. It should record the assets that you have before you marry/ become civil partners and also set out agreements about whether or not spousal maintenance payments will be made.
What happens if we don’t have a prenup and divorce?
If you don’t have a prenuptial agreement, in the event of a dispute your assets will be divided and any income claims considered based on English family law. This can result in significant cost and delay before the issues are resolved.
Do we need separate solicitors?
It is recommended that both parties seek independent legal advice to ensure the agreement is understood and meets your requirements. This is also a key factor in ensuring the agreement is likely to be upheld by the court.
How long does it take to prepare a prenup?
Drafting a prenuptial agreement typically takes several weeks, depending on the complexity of your finances. It’s best to start the process a few months before your wedding so that the agreement can be signed at least one month before your big day.
