If you are planning to get married or enter into a civil partnership and one or both of you have assets that you want to protect, for example property you are bringing into the marriage or a future inheritance, then you may wish to enter into a pre-nuptial agreement. As a family solicitor based in Kent, I will help you understand the best way to enter into this type of agreement.
A prenuptial agreement is a contract entered into by a couple prior to a marriage or civil partnership. A postnuptial agreement is a contract entered into by a couple post marriage or civil partnership. These types of agreement are becoming more common. The contract defines what will happen if the relationship breaks down.
Nuptial agreements are not legally binding in the UK but the Supreme Court decided in a recent case that a court can give decisive weight to a pre-nuptial agreement when dividing assets upon a divorce provided certain conditions are met.
If you are planning to move in with or purchase a property with your partner, then you may wish to enter into a cohabitation agreement. Such an agreement can protect any financial contributions you make to a property and can provide clarity on how you will manage your finances going forward, for example, who will pay the mortgage and bills, and improvements to the property.