Are prenups worth it in England and Wales?

Pre-nuptial agreements are becoming increasingly common as couples look for greater clarity over their finances before getting married or entering a civil partnership. They can be particularly relevant for business owners and entrepreneurs, people entering a second marriage, families where there are children from previous relationships, or where parents are contributing towards a property purchase.

Although pre-nuptial agreements are not currently legally binding in England and Wales, a properly prepared agreement can carry substantial weight if a couple later separates. They can also form part of wider planning alongside Wills, Declarations of Trust and other arrangements designed to protect family assets.

In this article, Amy Lane, Private Client Partner at gunnercooke, and Katie Stewart, Family Law Partner at gunnercooke, explain how pre-nuptial agreements work, why more couples are considering them and some of the circumstances in which they may be useful.

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If you’re buying a home with a partner and you’re not married, you may also find Amy’s article “Buying a home together: how to protect yourself if you’re not married” useful, which explains some of the financial risks couples may not realise and the steps they can take to protect themselves.

If you have a question relating to this article, then please get in touch via the form below or call us on 01825 76 33 66.

This article was prepared by Amy Lane, Private Client Partner at gunnercooke, and is reproduced with permission. Swindells Financial Planning does not provide legal advice and has not prepared the legal content of this article.

This article is provided for general information only and does not constitute legal advice. It reflects the law of England and Wales as at [month and year]. The appropriate arrangements will depend on individual circumstances, and legal advice should be obtained before taking action.

This article is for information purposes and does not constitute financial advice, which should be based on your individual circumstances. The value of investments and any income from them can fall as well as rise. You may not get back the full amount invested.