Post-civil Partnership Agreements
The termination of a civil partnership signifies more than just an emotional parting; it heralds a period of significant financial and legal adjustments. At Louisa Rose Solicitors, we pride ourselves on our adeptness in steering clients through the complexities inherent in unravelling the financial entwinement that characterises many civil partnerships. Our goal is to facilitate a division of assets and responsibilities that is not only equitable but also reflective of the unique dynamics of each partnership.
Understanding that the dissolution process can often bring to light concerns about future financial security and the equitable distribution of shared assets, our team offers bespoke guidance tailored to the specific needs and circumstances of our clients. This includes a meticulous examination of joint property, savings, investments, and any other shared financial interests, with a view towards achieving a resolution that recognises the contributions of both parties to the partnership.
We place a strong emphasis on negotiation and mediation as primary tools in reaching an agreement. Our experience has shown that these methods can significantly reduce the emotional and financial toll on all involved, encouraging a more amicable resolution and paving the way for a positive post-dissolution relationship. Our solicitors are skilled in facilitating discussions that focus on mutual respect and fairness, elements that are critical in crafting a post-civil partnership agreement that meets the approval of both parties.
Moreover, our services extend to addressing ongoing financial obligations, such as maintenance payments, ensuring that any agreements are sustainable and adjustable to the changing financial landscapes of our clients’ lives. We also provide counsel on the implications of the dissolution on future financial planning and asset management, ensuring that our clients are well-equipped to move forward with confidence and clarity.
At Louisa Rose Solicitors, we understand the importance of navigating the end of a civil partnership with sensitivity and professionalism. Our expertise in post-civil partnership agreements underscores our commitment to securing outcomes that safeguard the interests and future well-being of our clients, facilitating a transition into the next chapter of their lives with peace of mind and legal certainty.
Civil partnership has equal Importance as marriage in UK now.
Since the decision by the Supreme Court in 2010 which means that post-nuptial agreements can be enforced, post-civil partnership agreements are now also potentially enforceable in England and Wales. Provided post-civil partnership agreements are entered into correctly, they are an extremely important part of a civil partnership, especially for high net worth individuals with a significant income and assets.
Post-civil partnership agreements allow people who have entered into a civil partnership to have greater control over what happens to their wealth, including their investments and their pension lump sum, in the unfortunate situation of a relationship breakdown.
In the event of the civil partnership breaking down with no pre or post-civil partnership agreement, the court can decide how to share out your assets in a way that it deems to be fair, sometimes taking into account wealth brought into the civil partnership by one person. This could result in a 50:50 split of your assets. A post-civil partnership agreement gives you the chance to have a say about how your assets should be divided.
Expert Legal Advice
We can provide legal advice at any time throughout your civil partnership to make sure your assets are fully protected. Post-civil partnership agreements can take into account your financial situation including protecting your pension funds and investments and we can provide you with the correct legal advice so that your post-civil partnership agreement can be upheld by a court in the unfortunate situation of a relationship breakdown.
We also understand the importance of international assets within post-civil partnership agreements and can provide specialist advice with regards to this.
It is important that your post-civil partnership agreement is reviewed regularly to make sure it is still meeting both parties’ needs and is still fair. For example, it would be important to review it if you have a child.
Secure Your Future
We are able to advise you on your post-civil partnership agreement whether your relationship is breaking down or you just want to make sure your future is secure.
Both parties will require independent legal advice and our expert professionals at Louisa Rose Solicitors can help you through the process, including negotiating those sometimes difficult discussions with the other party.
We are able to prepare a draft post-civil partnership agreement for the other party to consider or we can also review an existing agreement.
The process will take at least a month to complete (longer if you have significant overseas assets) and should not be rushed into without the correct legal advice for both parties and mutual financial disclosure as this can render a post-civil partnership agreement invalid.
