There is a growing trend for couples in the UK to use pre-nuptial agreements. This is a relatively new phenomena, as previously they were thought to only be relevant to high-net-worth individuals.
Solicitors in North Wales have therefore been increasingly asked to draw up this type of agreement for many different reasons.
Relationships nowadays are often more complex than in previous generations. Blended families are commonplace, and stepchildren, adopted children and ex-spouses form part of extended families. It has been estimated that over half of the population supports the use of pre-nuptial agreements and would be willing to use legal experts to protect their assets before they get married.
Although pre-nuptial agreements are not always legally binding, there is a precedent (as a result of the court case of Radmacher vs Granatino) that upholds many of these if they are professionally written, and if there is a just cause to comply with the agreement. Since more people are now willing to consider using a pre-nuptial agreement and there is no stigma in doing so, it is essential to seek the legal support of family law solicitors in North Wales who can ensure the process is carried out correctly.
When once pre-nuptial agreements were seen as a signal that there was no trust in the relationship, they are now considered sensible and essential tools to properly manage family finances.
Be sure to make contact with us here at Bennett Smith Solicitors today and ask our advice about planning and protecting your estate.