Prenuptial Agreement

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A prenuptial agreement, or prenup, is a contract between two individuals prior to their marriage. It specifies how the future couple's assets and liabilities will be divided in the event of a divorce or death.

From a legal perspective, it is crucial that both parties:

  1. completely and honestly disclose the nature and extent of all their assets and liabilities.
  2. hire separate attorneys while crafting a prenuptial agreement to ensure it is valid in a court of law. This provision ensures that each attorney co-writes the agreement with the client's best interests in mind.
  3. sign the agreement well in advance of their wedding so as to avoid the appearance of coercion.
  4. are fair. A court of law will not uphold a prenuptial agreement that sees one party taken advantage of or left destitute.
  5. sign the agreement in writing and in the presence of a notary public. Oral agreements will be deemed null and void.

A comprehensive guide can be found at

www.garner-hancock.co.uk

Click on Prenuptial Agreements

This is an e-book free to download.

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