Prior to entering into a civil partnership contract, both parties need to have an open and honest discussion about the possibility of the relationship not working out and what would happen in the event of a separation. Even if it’s just a ‘what if’.
Similar to a prenuptial agreement for married couples, a pre-civil partnership agreement allows both parties to set out the parameters for how any income and assets will be distributed between the couple in the event of a separation. If anything it’s just a formality, and while you’re not legally obligated to get a civil partnership prenup, it’s recommended that you do.
We completely understand that when you’ve found someone you want to spend the rest of your life with, thoughts of separation may not be at the forefront of your mind. However, it’s crucial to protect your assets in the event of a separation, even if you believe it’s unlikely to happen. It’s better to be safe than sorry, and having this important discussion and making necessary arrangements can provide peace of mind and security for both partners. This is particularly true for older couples choosing to enter into a civil partnership, especially if they have accumulated assets.
