Protecting your Wealth when Getting Married
Justin Bieber and Hailey Baldwin are engaged! Both independent wealthy, will they protect their wealth before marriage? It is usual for such high profile people in the USA to have a prenuptial agreement/pre-marital agreement. Whilst such agreements are not currently legal binding in the UK, if entered into properly, significant weight will be attached to their existence by the English Courts. As a result, properly documenting your intentions in such an agreement, not to share; previous inheritance, gifts or assets independently acquired outside the relationship with your future spouse, is the best protection. Without it, all assets are vulnerable in any later settlement on divorce. Now more than ever such agreements are not just for the rich and famous.
Here at Taylor Walton, our Family Specialist Solicitors can advise on how to correctly satisfy the criteria that the Court would want to see to attach significant weight to a pre-nuptial agreement.