It is estimated that around 50% of marriages now end in divorce. The percentage is higher for second marriages. Many couples now consider entering into Pre-Nuptial Agreements. These are particularly popular when parties have been married before and want to ensure that pre-acquired assets are preserved for the benefit of their children and grandchildren.
The law relating to pre-nuptial agreements has developed following the Supreme Court decision in Radmacher v Granatino in October 2010.
The key points of the current law are as follows:
It is fair to say that, as the law currently stands, pre-nuptial agreements are almost as good as binding, provided they are fundamentally fair.
Please contact us if you wish to discuss the possibility of making a pre-nuptial agreement.