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What’s mine is yours? Top tip 6 for your prenuptial agreement – Safeguard your savings

1st September 2014

Making a prenuptial agreement before you get married can take away some of the financial worry about what will happen to your assets and property if your marriage does not work out.

In this series of blogs, Susan Davies, head of family law at Ansons Solicitors in Lichfield and Cannock, Staffordshire, gives her top 12 tips for what to include in your prenuptial agreement:

Top tip 6 – Safeguard your savings

Your prenuptial agreement should include your respective entitlement to cash savings, policies and investments. You may want to distinguish between what happens to savings owned before the marriage and those built up during the course of the marriage, depending on contributions.

Prenuptial agreements are being increasingly recognised by the court as a good reflection of a couple’s intentions towards each other if they separate. You must both take independent legal advice, give full disclosure of your financial assets and neither of you must be under any duress before signing the agreement. The agreement must also be ‘fair’.

For further advice, please contact Susan Davies in the family law team, on 01543 267 190 or sdavies@ansonsllp.com. Ansons Solicitors has offices in Cannock and Lichfield, Staffordshire.