MONEY MATTERS
PRENUPTIAL
AGREEMENTS It’s a sad fact of life that some marriages or civil partnerships don’t go the distance, so Peter d’Aguilar has been investigating the role of the prenuptial agreement and offers his thoughts on the topic
W
hen a couple falls in love, and life is all moons, Junes, and Ferris wheels, the idea of a prenuptial agreement is probably the last thing on their minds. If one
party were even to broach the subject in an insensitive way, it could become a self-fulfilling prophecy. Nevertheless, viewed dispassionately, a ‘prenup’ could save a great deal of money and heartache if the marriage or civil
partnership should sadly hit the rocks at some stage in the future. So, what exactly is a prenuptial agreement? It’s a contract entered into by both partners before they marry or form a civil partnership. Its aim is to identify ownership of each partner’s assets in case the relationship fails and comes to an end. While its main purpose is to set out who gets what, it also includes other important elements.
Its aim is to identify ownership of each partner’s assets
August 2021 | SUSSEX LIVING 113
