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PRE-NUPTIAL AND POST-NUPTIAL AGREEMENTS
Pre-nuptial Agreements
Persons planning to marry have the option of entering into
an agreement before their marriage. Such an agreement is
intended to deal with financial arrangements and entitlement
in the event their marriage breaks down and ultimately it
is brought to an end.
A number of conditions have to be satisfied if a pre-nuptial
agreement is to stand any real chance of being enforced
at a later date in the event a marriage breaks down irretrievably.
An agreement is more about limiting financial claims that
might otherwise be made by a party to a marriage following
the marriage breaking down irretrievably.
Under English Law a pre-nuptial agreement is a major factor
that has to be taken into account when considering each
party’s possible claims. They can provide certainty and
finality and the Divorce Courts are becoming more willing
to enforce such agreements.
Agreements of this sort need to be made a reasonable time
before a marriage.
Post-nuptial Agreements
Parties to a marriage are able to enter into an agreement
dealing with financial provisions in the event the marriage
breaks down. Once again, conditions have to be satisfied
if a post-nuptial agreement is to have a real chance of
being upheld. A Court has the discretion to vary such an
agreement.
Specialist advice ought to be taken on any occasion that
a pre-nuptial or a post-nuptial agreement is being considered.
It is difficult to estimate the likely time-scale for completion
of an agreement, however, it should be possible to complete
one over a period of six to twelve weeks.
Phone 02392 505500 and ask
for Richard Parrott or Chris Mills or their secretaries
to make an appointment or request
a call back
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