Prenuptial Agreements – A Guide for Your Wedding

Prenuptial Agreements – Everything You Need to Know

Is it possible to plan a wedding and discuss a prenuptial agreement at the same time? In the past, many people believed that a prenuptial agreement meant you didn’t believe in eternal love, but today that’s simply not the case, and a quarter of couples draw up a prenuptial agreement. A prenuptial agreement is like insurance. You don’t take out insurance because you plan to use it, but you’re covered if the unexpected happens.

Why should you draw up a prenuptial agreement?

Without a prenuptial agreement, the value of all assets is divided equally. This includes assets you owned before you got married, as well as inheritances, businesses and holiday homes. In a prenuptial agreement, you decide what is fair for you and whether no assets, or only certain assets, should be divided equally.

You have your own savings

Without a prenuptial agreement, you do not have separate savings. Everything is split fifty-fifty. Risks taken by one of you directly affect the other, even if you do not save together.

You own a home or a holiday home

The value of your home and holiday home must be divided 50/50 in the event of a separation; this often means that the property must be sold so that the other partner can receive half. In a prenuptial agreement, you can specify that everything except the property should be divided equally.

One or both of you run your own business

The value of the business must also be divided equally. This may mean that the business must be sold so that the other party receives half of its value.

One of you has inherited property

Do you want to divide the property you have inherited equally? It may feel unfair if only one of you inherited it before the separation.

One of you is a stay-at-home parent

Dividing everything equally when one partner has taken on all the domestic responsibilities may feel fair. But this means that the partner with a lower income does not have the same opportunity to save and make their own decisions during the marriage. With a prenuptial agreement, you are on an equal footing during the marriage.

Create a prenuptial agreement online

At Aatos, you can create a prenuptial agreement online in 10 minutes. By answering simple questions, the service assesses your situation and then creates a prenuptial agreement tailored specifically to you. You don’t need to visit a solicitor and can be sure it will be correct. Aatos’s solicitors are on hand to help you straight away if you need assistance!

Business directory

Do you need help finding suppliers for your wedding? Have a look at our business directory.

CLICK HERE