In
this country, unlike America, prenuptial agreements have not held any authority
in law. This is despite a legal ruling in the Supreme Court in 2010 that Judges
may take them into account at their discretion when considering financial
applications with Divorce Proceedings.
However
proposals which are expected to attract cross party political support are to be
published later this month alongside a draft bill which will, if approved,
enshrine prenuptial agreements in Law.
For
the first time engaged couples will be allowed to ring fence certain items that
they will keep should their forth coming marriage end in divorce. If this proposal
is made into law then the prenuptial agreement will become an important
document, almost an insurance against divorce!
It
is important to note that it is not always just the mans wealth that needs
protecting but the woman’s too.
If
you would like advice on prenuptial agreements please contact Neil Remnant at
JMP Solicitors on 01476 561415 or via email on nremnant@jmp-solicitors.com
