Pre & Post Nuptials
Preparing for your futures
Protect your assets with a prenuptial or postnuptial agreement
Prenuptial agreements can provide greater certainty of financial outcomes, should your marriage end in divorce. Therefore, if you are about to get married it would be wise to enter into a prenuptial agreement beforehand.
What is the difference between a prenuptial and post-nuptial agreement?
A prenuptial agreement is a contract entered into prior to marriage, which sets out the financial terms of the relationship. A postnuptial agreement does exactly the same thing, only it is created during your marriage rather than beforehand.
So, if you are married and don’t have a prenuptial agreement in place, entering into a post-nuptial agreement during your marriage can also significantly influence a subsequent divorce settlement.
What is the purpose of a prenup?
The purpose of a prenuptial or post-nuptial agreement is:
- To protect assets acquired before marriage
- To protect business or trust assets
- To protect your assets from your partner’s debts
- To protect your children’s financial interests
- To agree how you will manage your finances between you
- To agree the division of finances should your relationship breakdown