Many people have heard of pre-nuptial agreements which are agreements entered into by a couple prior to their marriage setting out how they would wish for their assets to be divided in the event of a later separation or divorce.  However, it is also possible to enter into such agreements after a marriage and these are known as post-nuptial agreements.

A post-nuptial agreement will set out the financial resources available to the parties and how they are to be divided if the marriage breaks down.  On divorce, a court would consider them in the same way as they would consider a pre-nuptial agreement, such agreement being only one of the factors to be taken into account but with the expectation that the agreement will be upheld by a court provided that certain criteria are met. 

When would a post-nuptial agreement be appropriate?

  • If you have not had the opportunity to prepare a pre-nuptial agreement in advance of your wedding but still wish to regulate how your finances are divided if you later divorce;
  • If there has been a change in your circumstances.  For example, if one of you is due to receive an inheritance or family gift, a post-nuptial agreement can be a sensible manner in which to protect family wealth for future generations;
  • If you have entered a marriage contract or pre-nuptial agreement in another country or jurisdiction and wish to ensure that the terms of such agreement would also be upheld in England & Wales.

 

Our specialist team is able to provide guidance and advice in relation to post-nuptial agreements, whether in terms of drafting or reviewing agreements. As a team widely reputed for its collaborative approach to family law work, we are able to assist in discussions surrounding post-nuptial agreements with sensitivity.

The law and practice referred to in this article or webinar has been paraphrased or summarised. It might not be up-to-date with changes in the law and we do not guarantee the accuracy of any information provided at the time of reading. It should not be construed or relied upon as legal advice in relation to a specific set of circumstances.