have in the past been viewed as not enforceable, so why bother?
Instead of pre-nuptial agreements
, cohabiting couples will be able to enter into opt-out agreements but like pre-nuptial agreements
they will in certain circumstances be able to be varied by the courts.
provide legal protection in a variety of situations.
THE Government has reportedly taken the first steps towards recognising pre-nuptial agreements
for married couples.
The 'no-nup' is so-called because it refers to couples who do not intend to marry and so will not use pre-nuptial agreements
, the Daily Mail reported.
- Okay, we appreciate this is not the most romantic thing to discuss with your partner when proposing, but in some cases a pre-nuptial agreement
may be a sensible thing to consider.
Solicitor Ms Harper joins from Brabners Chaffe Street, in Liverpool, where she qualified in 2010 and from where she has developed her expertise working on high net worth cases involving financial settlements upon divorce, cohabitation disputes, pre-nuptial agreements
and issues in relation to children.
Wills, Trusts and Pre-Nuptial Agreements
Whist it is evident that parents are providing financial support to their children and grandchildren, they are clearly concerned about making outright gifts to them during their lifetime and how they will arrange their affairs on their death.
But 72% said they would like to see pre-nuptial agreements
become legally binding in the UK, as this would enable them to make gifts to their children, safe in the knowledge that if they later got divorced, the money would still benefit their child.
Summary: Pre-nuptial agreements
have been given new status after the Supreme Court ruled in favour of heiress Katrin Radmacher.
Presently, pre-nuptial agreements
are not legally binding in themselves should a marriage break down, but they are something which in those circumstances a court would give strong consideration to in relation to dealing with financial settlements.
Most people shy away from pre-nuptial agreements
precisely because they are afraid of being negative about the long-term prospects about marriage; that perhaps the agreement will cast some sort of spell on their love.