Prenuptial agreements – an effective and practical way of avoiding heartache

[vc_row][vc_column width=”1/1″][vc_column_text]The status of prenuptial agreements as an effective way of confirming how a couple’s assets should be divided following the break-up of a marriage has received an important boost.

In a recent landmark case, a woman who had already accrued some £18 million in divorce settlements from three previous marriages dropped her claim to a share of her fourth husband’s fortune thanks to the prenuptial agreement she had signed before the marriage. This appears to be the result of the fact that judges are taking properly drawn-up agreements increasingly seriously, making the decisions they contain more likely to be upheld than in the past.

The process of enforcing a so-called ‘prenup’ is also becoming easier than it used to be. In the past, this could be a complex and costly affair that might take weeks with no assurance that it would be upheld. Now, following this case, it can be streamlined into a simple one-day hearing where the prenup is the central focus.

Gamlins is very conscious that protecting wealth by asking one’s partner to sign an agreement in case their marriage goes wrong is hardly the most romantic request. It is a reality that divorce is more common and marriages shorter than in the past, though. Marital breakdown is already painful and stressful enough without the added uncertainty that a serious financial dispute can bring with it, so the prenup is often a sensible and practical means of avoiding further heartache.

Gamlins is very experienced in drawing up effective prenuptial agreements. If you and your partner wish to discuss your situation, simply contact our family law team at your nearest Gamlins office, where one of our experts will happily give you all the advice you need.[/vc_column_text][/vc_column][/vc_row]

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