Sunday 15 November 2015

Prenuptial Agreements: Why Is It Necessary?



It's a well-known fact, or it would prove itself later on, that you and your in-laws would have trouble agreeing on some or all things. But one thing's for sure; your in-laws will fiscally help you and your spouse land a new property before your wedding, should you need one.

The only problem is, they're worried that you, should your parents not have contributed anything to help you get that property, would get a piece of that estate given the UK's divorce laws.

That's where the Prenuptial Agreement comes in.

Division of Properties

Prenuptial Agreements give you and your spouse the ability to divide assets amongst yourselves before your marriage ceremony and it often happens right after you present your partner with a ring, or vice-versa. Before you obtain a marriage license, in-laws or your parents may demand both of you to sign a prenuptial agreement.

This had led to the increase of 10 per cent among Britons asking for a prenuptial agreement.

Rightfully-Owned

It is within the right of in-laws to ask both of you to sign a prenuptial agreement. While it may leave a slightly bitter taste in the mouths of each of you after the endeavour, protecting investments is a human nature.


Your parents or your soon-to-be-in-laws just want to protect their children. I'd like you to see it in a way that they aren't wanting to make a bad start with you. But like you, they love their child as much as you do and they're doing their best to protect him or her.