Posts Tagged ‘UK’

Are Prenuptial Agreements Legally Binding in the UK?

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The prenuptial agreement definition is an agreement between two individuals regarding the distribution of property if a divorce were to take place. These exist in multiple countries as a way for one party, or both, in a marriage to protect assets and wealth. By having this agreement in place, it is possible to choose the property and amount that both individuals receive or give if they were to divorce. For individuals with wealth or personal property that they do not want to lose to spouses if they were to divorce, this can help. It is a form of protection or insurance in many cases. For UK residents, there is the question of legality. This brings up the concern over whether these agreements are legally binding in the UK.

The short answer – no.

There is more to this than no, of course. While no is the right answer, because they …