Posted by Vandana Chitroda, Partner
On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
More Couples Considering Pre-Nups
Earlier this year, the Law Commission published proposals which suggested that pre-nuptial agreements should be legally enforceable within the UK.
According to the proposals outlined by the Commission, legislation should be introduced which will enable pre and post-nuptial agreements to become “enforceable contracts, not subject to the scrutiny of the courts, which would enable couples to make binding arrangements about the financial consequences of divorce or dissolution”.
However, despite outlining proposals to make such agreements legally enforceable, the Commission also stated that for the agreement to be considered to be a “qualifying” nuptial agreement, certain procedural safeguards would need to be met.
Since the proposals were outlined by the Law Commission, it has been reported that there has been a surge in couples seeking legal advice in relation to pre-nuptial agreements – despite there being no firm commitment that the proposed legislation will come into force.
At Royds, we are able to advise clients about the legal status of pre and post-nuptial agreements and draft such agreements taking in to account the intention of the parties.
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