prenuptial agreement

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Prenuptial Agreement

A legal and binding agreement that a couple enters prior to their marriage. Prenuptial agreements are commonly associated with the division of assets in the event of a divorce later in life, but they may also include other details such as how assets are distributed in the event of the death of a spouse. Prenuptial agreements are somewhat controversial as some see them as providing an expectation of divorce; they are designed, however, to reduce financial uncertainty in a marriage.

prenuptial agreement

A written agreement by a couple who plan to marry in which financial matters, including rights following divorce or the death of one spouse, are detailed.
References in periodicals archive ?
Purchasing a cheap DIY pre-nuptial agreement from the internet, for example, will mean you risk that it won't be upheld by a court.
A pre-nuptial agreement can help in certain circumstances.
He believes the legislation of pre-nuptial agreements would make the division of assets clearer should a marriage result in divorce.
In the case of the McCartney marriage, Ms Mackay says a pre-nuptial agreement could have been particularly helpful for Heather, "because it would clearly have helped her to rebut suggestions she was a gold digger which she clearly found painful.
I thought my lawyer would laugh when we talked about a pre-nuptial agreement, but he said it was the most sensible thing to do especially since I had more to lose if it all fell apart.
Matrimonial and family law experts at Ward Hadaway are already reporting a rise in demand from clients for prenuptial agreements following on from recent developments which have strengthened the standing of pre-nuptial agreements in English law.
My partner and I are planning tomarry next spring and I have suggested that we have a pre-nuptial agreement drawn up as my parents had a difficult divorce when I was younger and I want to try and avoid that if things were ever to go wrong.
Susan Crossley, 50, once married to racing magnate Robert Sangster, is claiming that a pre-nuptial agreement she signed with property developer Stuart Crossley, 62, is invalid because he failed to tell her about "tens of millions" more he had in offshore accounts.
MY RECENT story concerning plans to introduce legislation whereby pre-nuptial agreements could be recognised by Irish courts has moved a step further.
Pre-nuptial agreements benefit anyone with assets that need to be divided after a divorce.
THE Government has reportedly taken the first steps towards recognising pre-nuptial agreements for married couples.