Nuptial agreements and cohabitation agreements are indispensable tools when it comes to wealth planning. They provide couples, and their families, with certainty about the financial consequences of separation or divorce. When drafted carefully they can balance fair provision for the economically weaker party upon separation or divorce, whilst preserving family assets for future generations.
When it comes to difficult conversations around nuptial/cohabitation agreements, we can advise on how to introduce the idea. Family constitutions can be drawn up confirming an expectation that those wishing to share in family wealth should enter into them.
We provide strategic guidance when it comes to maximising the chances of a trust keeping assets from falling into the ‘matrimonial pot’.
We advise on how best to protect a spouse’s interest in a company or partnership against possible future divorce and how to ensure the possibility of the ‘corporate veil’ being pierced upon divorce is remote.
Upon divorce, we advise on the timing of the transfer of assets between spouses so as to prevent triggering tax liabilities.
For more information, please contact me or see our dedicated website divorce.co.uk
We have published a number of books on family law issues for clients and their advisors including:
Divorce and the family business - Nick Stone and Roger Bamber
Drawing the Lines: A guide to family agreements - Frances Bailey and Nick Stone