No. A prenuptial agreement cannot be signed after marriage or civil partnership. However, a similar agreement called a postnuptial agreement can be.
Whilst prenuptial agreements are signed before marriage (or civil partnership), postnuptial agreements can be entered into at any point during the marriage and serve a similar purpose.
A prenuptial agreement is made by prospective spouses before marriage (ideally but not mandatorily at least 28 days before the marriage) and sets out how money and property will be dealt with in the event of divorce/dissolution.
A postnuptial agreement can be made by spouses at any time during the marriage and addresses similar issues to a prenuptial agreement, dealing with how money and property should be dealt with if the relationship breaks down.
Whilst discussing a postnuptial agreement may not seem very romantic, particularly if you have only been married a short while, it can be a useful tool. A postnuptial agreement does not mean that you are considering separating or ending your marriage. There may be a variety of very good reasons why a postnuptial agreement could be beneficial for you.
Although neither a prenuptial agreement nor a postnuptial agreement is strictly legally binding, case law tells us that, provided certain requirements are met, the courts will give them appropriate weight when deciding how money and property should be divided on divorce, provided it is deemed to be fair. A postnuptial agreement can therefore be beneficial in the following circumstances:
For a postnuptial agreement to be given appropriate weight by a court and for it to be considered fair, both parties should freely enter into it. Both must intend the agreement to determine the financial consequences on separation and fully understand the terms and their implications. It is important that both parties give full disclosure of their finances, to give each other the whole picture before entering into the agreement.
It is crucial for both parties to obtain independent legal advice before entering into a postnuptial agreement, to ensure you both fully understand the purpose and consequences of the agreement and to ensure it is drafted properly.
To ensure that a postnuptial agreement protects your best interests in the long term, at Family Law Partners we can advise you about entering into a postnuptial agreement and can prepare the agreement based on our discussions with you, ensuring legal validity and fairness.
We offer the option of facilitating a postnuptial agreement using the collaborative model, which can be an ideal forum to ensure the discussions are transparent, open and focused, thereby avoiding any feelings of mistrust. We also offer the services of a relationship coach to manage the emotional challenge of negotiating such agreements.
Our team of family lawyers will be able to advise you on the most appropriate route to negotiating a postnuptial agreement.
Lauren Heathcote is a Senior Associate Solicitor at our Tunbridge Wells office.