A Prenuptial Agreement For Second Marriage is particularly crucial in England and Wales where parties often enter the union with substantial existing assets, children from previous relationships, and complex financial obligations. This document provides clear arrangements for asset division and financial responsibilities, taking into account the unique circumstances of second marriages. It is designed to protect both parties' interests while ensuring fairness and compliance with English law, particularly following the precedent set by Radmacher v Granatino. The agreement typically includes detailed provisions for pre-acquired assets, pension rights, inheritance considerations, and arrangements for existing dependents.
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1. 1. Parties: Details of both parties entering into the agreement
2. 2. Background: Context of the marriage, previous marriages, and reason for agreement
3. 3. Definitions: Key terms used throughout the agreement
4. 4. Pre-marital Assets: Declaration and treatment of assets owned before marriage
5. 5. Financial Disclosure: Summary of both parties' financial positions
6. 6. General Principles: Core agreements about asset division and financial arrangements
1. Children's Provisions: Special provisions regarding children from previous marriages, including financial arrangements and inheritance considerations
2. Business Assets: Specific provisions for protecting business interests and their treatment in case of divorce
3. Inheritance Provisions: Special provisions for inherited wealth or expected inheritance from family members
4. Foreign Assets: Provisions dealing with overseas property and assets, including jurisdiction considerations
1. Schedule 1: Assets Schedule: Detailed list of pre-marital assets of both parties
2. Schedule 2: Financial Disclosure: Detailed financial statements from both parties
3. Schedule 3: Property Details: Details of owned properties and their agreed treatment
4. Appendix A: Independent Legal Advice Certificates: Confirmation that both parties received independent legal advice
5. Appendix B: Valuations: Professional valuations of significant assets
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