The days are getting longer and just that little bit brighter, which can mean only one thing, Spring is on its way and so is the wedding season of 2025.
Pre-nuptial agreements are becoming more popular as nowadays there is increasingly less stigma about talking openly about finances within couples. This is important when it comes to nuptial agreements as there is a duty for each party to disclose everything they have, both in terms of capital assets and income. This duty is called “full and frank disclosure”. Apart from the need to be transparent if entering into a nuptial agreement, financial transparency can be a beneficial to couples when entering into a marriage or civil partnership as it helps promote honesty and trust within the relationship.
A pre-nuptial agreement is an important agreement which can be useful in reducing conflict on the breakdown of a marriage or civil partnership as they are designed to determine the financial arrangements in the event of a divorce or dissolution. A nuptial agreement can be particularly useful in the scenario where there is significant wealth disparity, previous marriages or family assets which you wish to protect.
However, it is important to be aware that any agreement must be entered into in good time before the wedding. Good practice is to ensure that the agreement is signed at least 28 days before the wedding. This means that both parties should be seeing their solicitors well in advance of this – a few months before the wedding at least. Therefore, if you are looking to enter into a pre-nuptial agreement ahead of your 2025 summer wedding, now is the perfect time to get in touch with the Family team at Field Seymour Parkes.
If you unfortunately miss the boat on completing a pre-nuptial agreement prior to your wedding, there is also the possibility of entering into a post-nuptial agreement after the wedding, so please do contact our team for further information on post-nuptial agreements.
