30. Prenups, that's an American thing, right? Wrong!
Solicitor and family law expert, Lisa Buckridge joins us today. We're talking prenuptial agreements.
Why might you consider one? How do you raise the conversation? And what if you wish you had one but didn't think about it before you got married.
We may associate them with US soaps. Lisa explains the benefits of having open and honest conversations at outset. Much easier than trying to do it when a relationship has ended.
Rather than thinking of it as a legally binding document, is there a case for it being the foundation of good communication?
Who are considering preps:
3.45 Why they are becoming more common in the UK
6.57 They are not legally binding, but Lisa explains "magnetic importance"
8.25 What is "duress" and how it affects prenups
11.00 If you don't have children at the time of the marriage
13.05 What is a matrimonial asset? And where do inheritances fit in?
17.14 The case for having a prenup
19.45 Postnups
24.35 Think of it as an insurance, especially if you're a farmer
26.52 Buying a property together, the implications
32.07 How to raise the conversation
38.07 Lisa summarises everything
Guest Expert - Lisa Purcell
Lisa is a Director at Purcell Solicitors specialising in family law since 2003. Lisa is keen to promote alternate dispute resolution outside of Court to assist parties in reaching agreement over their family law issues where possible and is a Resolution trained family law mediator. You can follow her on twitter
YOUR HOSTS:
Catherine Thomas-Humphreys is a qualified independent financial adviser, will writer and certified financial coach.
Catherine believes money is a force for good and when in the hands of good people can be used to do great things. She loves working with purpose-led parents who are ready to change their money habits & beliefs to achieve financial success for themselves and their family.
She founded #TheFinfluencer as a safe space to coach and empower parents to influence, make, save, spend and grow money, consciously, ethically and positively.
Financial coaching - The Finfluencer
Money Membership Finfluence
Catherine’s bitesize money wisdom - Instagram
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