Irish Wedding Diary 2022

Page 70

Pre-Nup or Not Pre-Nup That Tricky Question

Jared Stern at Upliftlegalfunding.com comments on key points to consider for people looking to safeguard their financial future.

Most couples entering a marriage are reluctant to talk about a Pre-Nuptial Agreement

68 I IWD Feature I Pre Nup Agreements

I

n years gone by, the prenup was aimed at allowing men to keep their money and assets away from their wives in the event of a breakup. Nowadays, however, it’s just as likely that women will enter into marriage with more assets than their partners. It is important to state here that prenuptial

agreement entered into after independent legal

agreements have no basis in law in Ireland,

advice for both parties is likely to be taken into

so in the event of separation or divorce, the

account.

judge is not bound by its terms. However, there is nothing in Irish law that stops a couple

Most couples entering a marriage are reluctant

intending to marry from signing a prenuptial

to talk about a pre-nup as it is seen as a lack of

agreement, and these agreements can serve as

faith in each other or a belief that the marriage

guides for the courts in judicial separation and

will eventually fail. In the flush of young love,

divorce cases. If a prenuptial agreement makes

this is understandable and the heart generally

‘proper provision’ for each party, it is more likely

overrules the head, but the reality is that some

to persuade the judge, and only a prenuptial

marriages do fail.


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