An important part of family law is pre-nuptial agreements. This is a document that can be used to determine the finances and assets of individuals before they marry.
This document should clearly state who owns what and who will be entitled to property or money in the event of a divorce. Family law barristers in North Wales can support with the legalities of this paperwork.
The types of detail that could be contained in a prenuptial include issues relating to business ownership, matters regarding financial arrangements for children of the marriage and the protection of assets, money and property. Anyone who is preparing for matrimony can consider a pre-nuptial agreement if they want to detail how finances are dealt with if a divorce is possible.
Many different types of assets can be mentioned in a prenuptial agreement, ranging from pension pots to houses and money in the bank. People often want to protect what they have earned before they enter into matrimony and to keep it if they divorce. Solicitors in Bangor can advise on what cannot be included and these include instructions on lifestyle issues and child support arrangements.
Future earnings can be added to a prenuptial agreement and the conditions of this document are valid for the entire length of the marriage, though they can be amended as and when required.
Make contact with us at Bennett Smith Solicitors now to discuss pre- and postnuptial agreements. Our advisors will book an appointment for you to discuss these matters in more detail.