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Rise of Pre-nuptial Agreements to protect the Bank of Mum and Dad

Andrea Boulter, Senior Family Law Solicitor

– As this article shows, pre-nuptial agreements used to be just for wealthy couples or for those entering second marriages to protect their assets should they divorce. These days more and more couples entering marriage for the first time are being advised by their parents to set up pre-nuptial agreements as those parents have invested in their children’s first homes. If you feel you would benefit from a pre-nuptial agreement, speak to us and we can advise.

They have long been used by rich and famous couples to protect their wealth if they divorce.

But prenuptial agreements are being signed by more and more young couples – at the insistence of the Bank of Mum and Dad.

Lawyers say prenups, which set out how a couple will divide assets if they divorce, have become a key part of wedding preparations, as parents of the bride and groom want to safeguard their investment.

Read more: http://dailym.ai/2nvD5QO

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