Pre-Marital Agreements
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A Pre-Marital Agreement is a written agreement between a couple intending to marry. It explains how the couple agree they will arrange their finances and divide their assets and property if their marriage were to fail.
A properly drafted agreement is a sensible way of attempting to protect assets, reduce cost and the prospect of potentially difficult litigation. If a marriage does fail, the court may place a significant weight on a pre-marital agreement. It is also possible to enter into a post-marital agreement which again deals with how a couple will arrange and divide their finances if their marriage were to fail, but is entered into after the marriage has taken place.
If an agreement is to serve as persuasive evidence of a couple's intentions, it must be drafted by a specialist. TLT have advisors in this area and their expertise includes advising in mirror jurisdictions where there are assets located in more than one country.
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David Woodward
Partner
Tel: +44 (0)117 917 7501- Profile of David Woodward