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DREAM HOMES




 Prenups - not just for the    Starting

 rich and famous


 With the most popular   Do they work?
 season for weddings and civil   Unlike in England and Wales, prenups   at The Nursery
 partnerships nearly upon us,   are generally treated as legally binding
 now is a great time to find out   in Scottish law if both parties understood
 the terms of the agreement and it was
 how a prenup (or postnup)   fair and reasonable.
 could protect your assets.
 Are they a good idea?
 If you look up celebrity prenups on the   They bring clarity about what will happen   This marvellous Midlothian home offers everything a growing
 internet, you’ll find some jaw-dropping   if the relationship doesn’t last. They also   family could need.
 insights into just how rich some people   bring peace of mind to other family
 are (and also how demanding they   members if they’re worried about a new
 can be). These stories are fun, but they   partner claiming someone’s assets.
 also obscure the fact that, in Scotland,
 prenups are increasingly used by    Who are they good for?
 non-celebrities as well.  Anyone who wants to ringfence any
 “ Prenups allow you   assets they bring to the marriage or
 protect them for other family members.
 to ringfence assets   What if you don’t have one?

 being brought to the   It’s also possible to make a postnuptial
 marriage or protect   agreement. It’s similar to a prenup
 but made after a wedding or civil
 them for other family   partnership. Reasons for making one
 could include receiving a windfall,
 members.  “  restructuring your business, or not
 having a prenup in place.
 What is a prenup?
 Prenuptial Agreements set out how
 couples’ assets such as property
 would be divided if they split up.    Paige Burton
 Solicitor, Family Law
 They’re increasingly popular in
 Scotland where people have built    paigeburton@lindsays.co.uk
 0131 656 5558
 up assets before marriage or where
 they want to protect assets for children
 from a previous relationship.


 lindsays.co.uk  @lindsaysnews  @lindsays
 22  |  espc.com                                                           espc.com  |  23
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