PRE NUPTIAL AGREEMENTS
Once common only really in the US, courts in this country have begun to recognise the validity and the potential benefits of well-drafted and sensible pre-nuptial agreements. In these agreements, both parties typically list and outline the money and assets that they have when entering the relationship, and the agreement may also state how the wealth will be divided in the event of the couple separating.
There are, however, a number of factors that the court will consider when they determine whether such an agreement should be followed, so it is important that you use a qualified legal firm that is experienced in dealing with this type of arrangement. They will be able to draft the agreement, provide proof to the courts that neither party was under duress, and they will usually give evidence to the courts should the day come when the agreement is contested in court.
Fair And Reasonable
The court has the final say regarding who will receive what following a divorce or dissolution, and although they may choose to ignore the contents of a pre-nuptial agreement if they do not believe that the content is fair and reasonable, they will be much less likely to do this if the document is professionally drafted and drawn up, and if your solicitors can show that no duress was applied when the contract was signed.
Agreements And Contracts
A cohabitation agreement is similar to a pre-nuptial agreement, but is a contract or agreement that is signed between two parties when they start to live together, or before they live together. The court intervenes less often following the breakup of cohabitation, but again they may be willing to hear a case that involves a formal agreement between the two parties. These agreements are meant to prevent disagreement between the two parties, and can help ensure that everybody knows where they stand in the event of the breakdown of a marriage or relationship.
Pre-Nuptial Agreements And Family Law Companies
Pre-nuptial agreements are becoming more popular in the UK, and the courts are becoming increasingly likely to use them when determining settlements and financial agreements between parties. However, if the agreement is contested, if the other party believes they were coerced, or if the court can be persuaded that funds were hidden during the drawing up of the agreement, then it may be possible to fight the contents of this type of agreement.
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