Until recently, many people saw Pre-Nuptial Agreements as the preserve of the rich and famous. They are now more likely to become more mainstream after a decision of the Supreme Court.
In a landmark case, the Supreme Court has decide that a Pre-Nuptial Agreement should be followed, provided that it is fair, that both individuals have freely entered into the agreement and have understood its implications.
Demand for Pre-Nuptial Agreements is set to rise, especially now that a lot of people are marrying later or are re-marrying which means that they often bring property or money into a marriage which they want to protect.
On of the most stressful aspects of divorce is uncertainty – not knowing how assets will be divided. This ruling means that, provided there are certain safeguards, people can plan ahead with far more certainty than before.
Christopher Sandham, partner and head of the family law team comments “It is a good idea to plan ahead if you are going to marry, live together or enter into a civil partnership. A written agreement can do two things. Firstly it can set out what should happen whilst you are together such as who will pay the mortgage. Secondly it can deal with would happen if your relationship ends. This can resolve many difficulties which may arise if you do separate and can reduce the stress, expense and time involved.”
Hartley & Worstenholme Solicitors have an experienced team providing specialist family law advice to the West Yorkshire area and beyond.
For further information about Pre-Nuptial Agreements contact us on 01977 732222 or see information on our website www.hartley-worstenholme.co.uk
