Many people now understand that there can be substantial benefits to regulating your own financial affairs, prior to marriage and prior to civil partnership, rather than letting the courts decide how your finances should be divided should the relationship fail.
Whilst such agreements are not yet legally binding in England and Wales, they do have substantial evidential value in any future dispute. They have also been upheld in cases where it is considered that there is no good reason to deviate from the arrangements proposed by the couple prior to the ceremony.
For many wealthy individuals the preparation of such a document is essential if they are to avoid future acrimony and expensive legal battles.
The notion that such agreements are 'unromantic' is fast fading and they are often seen as crucial to wedding plans as the booking of a venue for the function. They are particularly popular for certain types of clients; those who have previously experienced marriage breakdown, for couples who want to protect family generated wealth and cases where there is an international element.
We have been involved in the negotiation and preparation of numerous agreements and are recognised for our expertise in this field.
Remember, looking at your assets, objectively and fairly at the outset of your marriage, could help avoid costly disputes later on.