Prenuptial Agreements - Family Lawyers Glasgow, Scotland
You don’t need to be rich or famous to benefit from a “pre-nup.”
Today’s property and pension values mean that anyone thinking of getting married or entering a civil partnership has to consider the effect this will have on their assets.
Prenuptial agreements are put in place so that control is kept over how savings, sums which may have been inherited, or value in a business will be dealt with, in the unfortunate event of divorce or dissolution of a civil partnership.
Cash All Tied Up?
Advice should certainly be taken where:
- One partner earns significantly more than the other, or ownership of a company
- One partner has invested significantly more than the other in buying the property where they will live
- One partner is getting married for the second time and has assets from a previous marriage
A prenuptial agreement can also be used to establish what happens to a person’s assets in the event that they die without making a will - this can help to avoid any legal challenges later on.
Raising the issue of a prenuptial agreement can feel difficult and awkward - nobody entering into a long-term relationship wants to give too much thought to what happens if they were to split up.
However, a prenuptial agreement can give peace of mind to both parties, build trust, and save a lot of bad feeling further down the line. They are recognised by the Sheriff courts in Scotland, where most divorces are heard.
Use in Court
But it’s only worth doing if it’s legal – preparing something yourself might be cheaper in the short-term, but if it requires to be relied upon in court, the fact of whether advice was taken will be highly relevant.
It’s something you hope you will never need. So once a prenuptial agreement is signed, you can put it out of your mind.
Contact our Family Law Solicitors Glasgow & Edinburgh, Scotland
Beltrami & Company are conveniently based near Glasgow city centre but operate throughout Scotland. Any calls to our offices out with normal business hours can be dealt with by an experienced solicitor.