Will I lose my assets if I divorce my spouse?
There is a misconception in divorce cases that you will lose half of your...- 20 November 2024
Our specialist family team are able to advise and prepare Pre-nuptial agreements setting out arrangements that should take place in respect of financial matters should the marriage break down at some point in the future.
If the Court consider a financial settlement within divorce proceedings they will take into consideration a Pre-Nuptial Agreement if it has been entered into appropriately and if on a broad basis it is fair and reasonable.
Therefore, the Agreement itself is not 100% binding on you or the court, but it is something that the court could give great weight to when deciding on an overall settlement.
Having a properly drafted Pre-Nuptial Agreement, entered into willingly by both parties with full financial disclosure attached to the Agreement, setting out a fair and reasonable settlement in the event of divorce, including arrangements for children and the length of the marriage, is likely to save considerable money in legal fees in the event of a divorce at a later date.
If you need further advice or assistance call 01245 493 959 or email us at [email protected].
Please continue to explore our website which provides more specific detail in relation to specialised areas of Family/Children law.
- 20 November 2024
- 20 November 2024
- 20 November 2024