Welcome to our series of blogs, addressing post-lockdown issues from a legal perspective. This week sees the latest blog, from our MLP Family law team, looking at prenuptial agreements.
With restrictions hopefully being fully removed on 21st June 2021, couples who have either postponed their weddings from last year or have a wedding planned for this summer, with hectic schedules of wedding preparations as a result, couples are reminded that they may wish to consider entering into a prenuptial agreement to protect their premarital assets. Prenuptial agreements are still not wholly binding in the UK but the court will seek to apply the agreement unless it a deemed unfair.
To be binding:
- Each party must offer full financial disclosure of assets, liabilities in the agreement.
- The agreement must be voluntarily entered into without duress.
- The agreement must be entered into at least 21 days ahead of the wedding date.
If you are getting married this summer or planning to get married and wish to receive more information about Prenuptial agreements please contact Rachael Wood who is the head of our Family team on 0161 928 1581 or email firstname.lastname@example.org.