Many couples are cautious in their future planning and wish to be prepared in the event of a future separation. This can be addressed by drawing up a financial agreement which can be prior to (pre-nuptial) or during a relationship or following separation. Such agreements are intended to avoid litigation and minimise the associated conflict and cost. Whilst they are not for everyone, they can be helpful for:
- Mature couples who may have significant assets and children from a previous relationship and are seeking to protect their inheritances;
- Young couples who are likely to receive significant wealth from their parents;
- Relationships with significant differences between the level of assets each party brings into the relationship.
Financial Agreements are increasingly complex. Whether you’re looking for advice about drawing one up or setting one aside, we can help.