Pre-Nuptial Agreements Solicitors Are Imperative In The Drafting Of Contracts Between Parties Before The Onset Of A Marr

1. Pre-Nuptial Agreements Solicitors Are Imperative In The Drafting Of Contracts Between Parties Before The Onset Of A Marriage Or Civil Partnership The value of a pre-nuptial agreement solicitor is only realised after the breakdown of a partnership or a relationship. This pre-civil partnership agreement is a contractually binding agreement between parties. The document is drafted before the wedding ceremony or civil partnership has been officiated. This crucial document will determine the division of assets after and irretrievable breakdown and legal separation of the partnership. The services of a pre-nuptial solicitor is called upon, usually before someone who wants to enter a marriage or civil partnership, but who needs to protect their assets and interests. This could refer to property, shares and investments owned by the particular individual before entering the union, specifically if there are offspring from previous relationships who need to benefit financially from the assets in question. This agreement can focus on diverse aspects, including on how assets will be divided after legal separation or divorce, on financial responsibilities and commitments during the marriage, as well as the division of assets in case of death of one or both partners. It can also stipulate how disputes that may occur should be resolved. Each member of the pre-nuptial contract will have their own solicitors, making sure that individual assets and interests are protected. The lawyer will be instructed by the client as to what their wishes are regarding the division of assets, the protection of assets and financial arrangements. When both parties have reached an agreement on the feasibility of the contract, it will be signed and enforced with immediate effect. A pre-nuptial contract can be a delicate matter, which may take up to a month to formulate, if there are technicalities, or emotive issues that need to be addressed. When partners have fewer assets, dependents, and liabilities, and have in principle agreed on the content of the agreement before the onset of the process, it will be a clean-cut, easy process for experienced solicitors to put in place. Reputable solicitors advise clients to complete and sign the pre-nuptial agreement 21 days before the marriage of civil partnership is sealed. During this time, if there is a change of heart, timeous changes to the document can be implemented, if solicitors are informed immediately. To determine the cost of a pre-nuptial agreement is not straight forward and will depend on the amount of time the solicitors have to spend on consultations, as they always charge per hour. It is advisable to have the contract drafted by a well-established professional firm of solicitors with a dedicated department dealing with family law and contracts. It should be seen as a great investment. To save money and time, when considering visiting a solicitor regarding the drafting of a pre-nuptial contract before a wedding or civil union, prepare a spreadsheet ready with all the necessary facts, for the solicitor’s perusal. Stipulate all assets relevant to the contract, including land, homes, cars, jewellery, shares, art or any other valuable that needs protection from division at potential separation. The protection of the financial needs of siblings or family members should also be included in the asset folder.

2. Nobody enters a union for it to end in separation or divorce, but life happens. Therefore, it is important to consider the long-term implications of a substandard or invalid prenuptial contract. It could have serious financial and emotional implications. A firm of solicitors, which has dedicated and well-trained specialists, will discuss the wishes of individual clients, and empathetically yet professionally, advise on the best possible route to follow. When planning a visit to solicitors for a pre-nuptial agreement, it makes good sense to choose a diverse company with different departmental specialists on board, offering all-round advice on family matters, during the emotional process of divorce and separation as well. These complex matters are best left to distinguished solicitors with the necessary expertise and knowledge to act in the best interest of all parties involved. About Us Based in South-East London, with offices in Greenwich and Blackheath, Grant Saw Solicitors LLP is a well- established, highly acclaimed firm of solicitors, established in 1851. Offering divergent services to individual clients and businesses, this accredited, award-winning practice has received the highest accolades for consequent excellence for different segments of their practice. The combination of a glorious history and tradition, intertwined with a fresh modern approach, has been so successful that the firm has been reaccredited by Cyber Essentials Plus for the next twelve months and is currently shortlisted for the 2022/23 Lawnet law firm of the year award. For more information, please visit: https://grantsaw.com