Recently, it has been estimated that almost 90% of couples in the United Kingdom who are either married or in a civil partnership do not have a pre-nuptial agreement.
Although solicitors in Bangor often emphasise that in 2025, these sorts of agreements are not necessarily legally binding, they would always suggest that those who will be formalising a relationship, should consider their options when planning their finances.
Currently, the vast majority of those couples without a pre-nuptial arrangement are those who are in their mid-thirties, forties and fifties. However, those in the younger age bracket, ranging from late teens to early thirties, are also more unlikely to have considered making a legal document which lays out what happens to their finances in their relationship ends.
It appears that there are a range of reasons why pre-nuptial agreements have not been considered by the vast majority of couples. For example, many believe that their relationship will not end so there is little reason to us the services of solicitors in Caernarfon to make a financial agreement. Others cite reasons such as the intention to divide all assets equally anyway in the case of separation and divorce whilst others have not even thought about their financial positions when they enter a relationship. Legal advisors continue to encourage people to make a pre-nuptial agreement for peace of mind and to avoid any future conflicts.
Talk to us today here at Bennett Smith Solicitors and ask us to make an appointment so you can come in to discuss pre-nuptial agreements.