Safeguarding Your Global Assets with a UK Prenuptial Agreement


Here's a friendly warning for you: moving to the UK can actually put you in some unforeseen financial danger.

Every year, large numbers of people come from abroad to live and get married in the UK without thinking about what they are forfeiting. You may not, for example, be aware of the fact that courts may likely not to take into account your global assets should your relationship hit the rocks and end in divorce.

So therefore having property and assets outside of the UK, which you could view as being a safety net for your future, are therefore very much at risk.

They are likely instead to be divided on a 50-50 basis between you and your ex-spouse. In fact, a UK court is likely to ignore how the law of the country where any overseas assets are held would treat them. You could then have to sell your overseas assets, regardless of your wishes and those of your family members in your home country.

The good news is that there is an answer. The only way you can seek to tackle this apparent anomaly is to enter into a UK Prenuptial Agreement (or Prenup) that reflects your expectations before you commit yourself to a marriage.

No two situations are ever the same. Therefore a Prenuptial Agreement needs to be individually drawn up to be tailored to the personal circumstances of each couple.

The best way forward when considering a UK Prenuptial Agreement is to consult a specialist Solicitor and get your contract legally drawn up by him or her. It is entirely possible to buy a very general do-it-yourself Prenuptial Agreement but there are several reasons why this is not recommended.