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DREAM HOMES

Prenups - not just for the

rich and famous Victorian elegance

With the most popular What is a prenup?
season for weddings and civil Prenuptial Agreements set out how in Eskbank
partnerships nearly upon us, couples’ assets such as property would be
divided if they split up. They’re increasingly
now is a great time to find out popular in Scotland where people have
how a prenup (or postnup) built up assets before marriage or where Beautiful four-bed house in Midlothian offers flexible family living.
could protect your assets. they want to protect assets for children
from a previous relationship.
If you look up celebrity prenups on the
internet, you’ll find some jaw-dropping Do they work?
insights into just how rich some people Unlike in England and Wales, prenups
are (and also how demanding they are generally treated as legally binding
can be). These stories are fun, but they in Scottish law if both parties understood
also obscure the fact that, in Scotland, the terms of the agreement and it was
prenups are increasingly used by fair and reasonable.
non-celebrities as well.
Are they a good idea?
“ Prenups allow you They bring clarity about what will happen
if the relationship doesn’t last. They also
to ringfence assets bring peace of mind to other family
members if they’re worried about a
being brought to the new partner claiming someone’s assets.

marriage or protect Who are they good for?
Anyone who wants to ringfence any
family members. assets they bring to the marriage or
protect them for other family members.
What if you don’t have one?
them for other “
It’s also possible to make a postnuptial
agreement. It’s similar to a prenup but
Paige Burton made after a wedding or civil partnership.
Solicitor, Family Law Reasons for making one could include
paigeburton@lindsays.co.uk receiving a windfall, restructuring your
0131 656 5558 business, or not having a prenup in place.

lindsays.co.uk
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