Equity Release – Your Top 10 Questions Answered In our Residential Conveyancing department we are often asked by our clients to give them advice when they are considering Equity Release Schemes. In this Blog, Arlie Asbury, one of our Licensed...
Big Money 'Post-Nup' Enforceable, Rules Divorce Judge
Post-nuptial agreements have only recently been recognised by the UK courts and should only be considered after taking thorough legal advice. In one case, a woman had her £2 million claim against her ex-husband dismissed after a judge ruled that she would have to live with a ‘post-nup’ which she had signed of her own free will.
The woman had accused her ex-husband of bullying her into signing the post-nup, which granted her sole ownership of the marital home and an investment property, as well as a 50 per cent share of his pension. In asking the family judge to award her an additional £2 million, she estimated her ex-husband’s worth at over £50 million. He had, however, offered to settle her claim for £200,000.
Ruling in the ex-husband’s favour, the judge rejected claims that he had exerted duress or undue influence over his ex-wife. Although saddened by the end of her marriage, she was capable of independent and rational thought when she signed the post-nup. In those circumstances, it would be unfair on the ex-husband not to hold her to the terms of the agreement.