Protecting Wealth with a Prenuptial Agreement

When we marry, we sincerely hope that it will be ‘to death us do part’, but sadly statistics show that over forty per cent of marriages fail in Ireland. This is a risk which cannot be ignored, particularly if you benefit from inherited wealth, offshore trusts, property, or business interests which could be vulnerable in the event of a divorce.

Prenuptial agreements (where you draw up an agreement before marrying) and postnuptial agreements (where you reach an agreement after marriage) give you peace of mind. They can cover all of your assets or just key elements that you want to protect.

Who should get a prenuptial agreement?

It’s certainly true that very wealthy people are more likely to seek a prenuptial agreement than those without many assets, but these agreements are also recommended for people in a variety of circumstances, such as:

  • You have substantial wealth and assets that you wish to protect
  • You run a business and want to ensure its future is protected
  • You have children from a previous relationship and want to ring fence assets for them
  • You are marrying someone from abroad and want to be protected from financial awards made in another legal jurisdiction

Naturally, there are many other reasons why one or both of you might wish to have a prenuptial agreement. If you are unsure if this approach is right for you, feel free to talk to one of our expert prenuptial agreement lawyers who can guide you through the pros and cons of prenuptial agreements.

With decades of experience in Irish family law – including challenging and changing the law – we can advise you on your options. We have worked on cases of all sizes, including many where one or both parties have significant wealth. Whether you have complicated assets or financial interests relating to previous relationships, we can help you arrange a prenuptial or postnuptial agreement that suits you.

If you need further information on how a prenuptial or postnuptial agreement could work for you, speak to a member of our knowledgeable team today.

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