PROMOTIONProposing thisValentine's Dav?hilst prenuptial agreements are not nearly as fun tothink about as wedding cakes or honeymoons, theycan help you avoid financial issues later in life. Thetruth is, marriage is not only a romantic relationship,but also a sort of business relationship. The dual nature and purposeof marriage has led to the increased acknowledgment that a Pre-Nupcan be useful to protect each spouse's financial interests.Simply put, a prenuptial agreement is a contract that a couplesigns before getting married to confirm how they will deal with theirfinancial arrangements in case of a divorce. Pre-Nups set out whatassets there are at the date of the agreement, who owns them andwhat will happen to them and it should also deal with the divisionof any future assets the parties acquire over the course of theirmarriage. It provides for the needs of the couple and any children inthe event the couple decide to permanently separate.WHEN MAY A PRENUPTIAL AGREEMENT BE NECESSARY?1. At least one of you has been married before2. You have children to provide for3. One ofyou is much wealthier than the other4. One of you has a lot more debt than the other5. One or both of you are small business owners or entrepreneurs6. There is a disparity in your income positions.These are just some examples and it is important to bear in mindthat anyone ean ask for a Pre-Nup, regardless of the assets available.WHAT ARE THE ADVANTAGES OF PRENUPTIAL AGREEMENTS?1. Prenuptials encourage parties to discuss finances from the outsetand can help resolve financial issues before the marriage has started.2. Prenuptial agreements offer some security and protection of familyassets or property acquired before the marriage3. They can help provide financial security ifthere are children fromprevious relationships or marriagesA. They can also save time and costs. Having a prenuptial agreementwhich is valid and fairwill help avoid long financial settlementproceedings, saving legal fees and expenses, tension and heartache.5. It is a form of insurance-you insure your house, contents, car,or any other asset of significance, even though the chances arerelatively slim that they will be lost or damaged, so why not insureyour respective assets in the event of the same happening withyour marriage?If you would like further information in relation to Pre-nups orfamily law generally. please contact one of our family solicitorsat Debenhams Ottaway.Natalie Lester, Family Solicitor01727 735612nl@debenhamsottway.co.ukwww.debenhamsottaway.co.ukDEBENHAMS OTTAWAYSOLICITORSYour aspirations are our inspiration

Date: 20 January 2019

Expired Ad

This ad expired on
19 February 2019 (186 days ago)
more_vert

Debenhams Ottaway - Natalie Lester

Legal / Solicitor

Call
Call 01727 735612
Directions
Get directions to this
location on Google Maps.
Website
Open website
in new tab.

Text

PROMOTION Proposing this Valentine's Dav? hilst prenuptial agreements are not nearly as fun to think about as wedding cakes or honeymoons, they can help you avoid financial issues later in life. The truth is, marriage is not only a romantic relationship, but also a sort of business relationship. The dual nature and purpose of marriage has led to the increased acknowledgment that a Pre-Nup can be useful to protect each spouse's financial interests. Simply put, a prenuptial agreement is a contract that a couple signs before getting married to confirm how they will deal with their financial arrangements in case of a divorce. Pre-Nups set out what assets there are at the date of the agreement, who owns them and what will happen to them and it should also deal with the division of any future assets the parties acquire over the course of their marriage. It provides for the needs of the couple and any children in the event the couple decide to permanently separate. WHEN MAY A PRENUPTIAL AGREEMENT BE NECESSARY? 1. At least one of you has been married before 2. You have children to provide for 3. One ofyou is much wealthier than the other 4. One of you has a lot more debt than the other 5. One or both of you are small business owners or entrepreneurs 6. There is a disparity in your income positions. These are just some examples and it is important to bear in mind that anyone ean ask for a Pre-Nup, regardless of the assets available. WHAT ARE THE ADVANTAGES OF PRENUPTIAL AGREEMENTS? 1. Prenuptials encourage parties to discuss finances from the outset and can help resolve financial issues before the marriage has started. 2. Prenuptial agreements offer some security and protection of family assets or property acquired before the marriage 3. They can help provide financial security ifthere are children from previous relationships or marriages A. They can also save time and costs. Having a prenuptial agreement which is valid and fairwill help avoid long financial settlement proceedings, saving legal fees and expenses, tension and heartache. 5. It is a form of insurance-you insure your house, contents, car, or any other asset of significance, even though the chances are relatively slim that they will be lost or damaged, so why not insure your respective assets in the event of the same happening with your marriage? If you would like further information in relation to Pre-nups or family law generally. please contact one of our family solicitors at Debenhams Ottaway. Natalie Lester, Family Solicitor 01727 735612 nl@debenhamsottway.co.uk www.debenhamsottaway.co.uk DEBENHAMS OTTAWAY SOLICITORS Your aspirations are our inspiration