Advice from our Family Team before you say ‘I do…’
Will you be proposing marriage this year? Susie Barter from our Family team outlines the important questions for current and future married or cohabiting couples to consider.
Take advice as to whether a pre- or post-nuptial agreement may be sensible. In today’s climate this should not be viewed as a financially aggressive step but as a constructive means to future financial planning.
Do you know the value of your pensions? Do you even remember where all your pensions are held? Do you have gaps in your National Insurance contributions and need to make these up to ensure that you will receive the full state pension? A pension review is a good idea and there are services which can trace pensions for you. Ascertain your state pension value and any gaps by completing and submitting the BR19 form.
Are you cohabiting and considering buying a property this year? Are you aware that the concept of a common law marriage does not exist in England and Wales. Consider whether you both wish to protect your respective interests and how this can be achieved.
Are you planning to have children? Consider carefully with your partner how you will combine your new role as parents with your careers. If one of you will take a career break how might you protect that parents career prospects? In fact, have this discussion even if you already have children.
Are you thinking of gifting money to your children but worried that an unhappy relationship could mean that they lose some or all of it? A Deed of Gift can direct them to enter into an agreements with a new partners that would protect that gift from a break-up.
Combine advice about tax efficient structures for your business assets with strategies that would protect the business from future divorce.
If you have doubts about your marriage and are considering moving overseas invest in early, confidential advice. Jurisdiction can have an enormous impact on the process and outcome of divorce and understanding your position is essential. It does not mean that your marriage is over.
Early advice and support from professionals can save a marriage. Don’t wait until it is too late.
Will you be proposing marriage this year? Susie Barter from our Family team outlines the important questions for current and future married or cohabiting couples to consider.
Take advice as to whether a pre- or post-nuptial agreement may be sensible. In today’s climate this should not be viewed as a financially aggressive step but as a constructive means to future financial planning.
Do you know the value of your pensions? Do you even remember where all your pensions are held? Do you have gaps in your National Insurance contributions and need to make these up to ensure that you will receive the full state pension? A pension review is a good idea and there are services which can trace pensions for you. Ascertain your state pension value and any gaps by completing and submitting the BR19 form.
Are you cohabiting and considering buying a property this year? Are you aware that the concept of a common law marriage does not exist in England and Wales. Consider whether you both wish to protect your respective interests and how this can be achieved.
Are you planning to have children? Consider carefully with your partner how you will combine your new role as parents with your careers. If one of you will take a career break how might you protect that parents career prospects? In fact, have this discussion even if you already have children.
Are you thinking of gifting money to your children but worried that an unhappy relationship could mean that they lose some or all of it? A Deed of Gift can direct them to enter into an agreements with a new partners that would protect that gift from a break-up.
Combine advice about tax efficient structures for your business assets with strategies that would protect the business from future divorce.
If you have doubts about your marriage and are considering moving overseas invest in early, confidential advice. Jurisdiction can have an enormous impact on the process and outcome of divorce and understanding your position is essential. It does not mean that your marriage is over.
Early advice and support from professionals can save a marriage. Don’t wait until it is too late.