Prenuptial Agreements – by Dominic Lee, Solicitor – Nottingham

A ‘Prenup’ is a legal agreement entered into between a couple before they get married; it sets out what their rights in relation to property, business, debts and other assets are and it stipulates what will happen to their ‘financial relationship’ should the marriage breakdown. It is far more common for couples in the US to enter into these types of agreements then it is in the UK. Is a prenuptial agreement worth thinking about? Prenuptial agreements can be a good mechanism to help protect a business interest you have, inherited property you may have received, property that you would like to pass on to your children or assets acquired…