Re: Spring 2016 | Page 38

Planning a proposal? Are you planning to go down on one knee to make the ultimate romantic gesture? You may have thought about the chocolates, flowers and the ring but have you thought about a pre-nup? Whilst they may not be the most romantic thing to spring to mind pre-nups (pre-nuptial agreement) are becoming increasingly popular, and not just for the rich and famous. A pre-nup is a formal document that describes how property and assets brought into and acquired during the marriage will be treated if the relationship doesn’t work. Understandably discussing a pre-nup remains a tough subject for some couples. However having an honest financial discussion prior to getting married can be a very positive experience. Couples should nowadays regard it as a practical approach to marriage and sensible financial planning. As unsentimental as they may seem, pre-nups are about a couple feeling secure in their relationship. It doesn’t mean they don’t trust each other or indeed that the relationship won’t work, in fact it probably means quite the opposite given the fact that they are