Prenuptial agreements in Spain are legal documents and as a result, legally binding. This sort of agreement is particularly useful because it sets out both of your wishes clearly regarding the effects of a future divorce.
However, because it is a legally binding document, a prenuptial agreement needs careful consideration and competent legal advice. Ensuring the agreement is balanced and meets legal requirements will save you time, stress and probably, resentment later on.
In this guide, we look at the essential aspects of prenuptial agreements in Spain and their consequences. If you would like advice on making such an agreement, get in touch for a non-obligation consultation.
Table Of ContentsThe agreement is signed by both parties before they get married (prenuptial) or may be signed at a later date (postnuptial).
Although it might sound like bad luck to be discussing the possibility of divorce before you have even married, having a prenuptial agreement makes everything easier and less stressful later on.
Thinking clearly about how to divide your assets without the hard feelings and anger that often accompany divorce allows both your wishes to be observed. It also helps avoid court proceedings in the event of a divorce, which are costly and lengthy.
Because prenuptial agreements are legally binding, they require legal advice to ensure that both parties’ interests are protected and that the agreement is balanced between the two.
You should first think carefully about how you wish the matrimonial assets to be divided. Once you’re clear on this aspect, get in touch with our legal team who will be happy to check your ideas and ensure they are fully legal.
After checking your wishes, the team draws up the prenuptial agreement and both parties sign it in the presence of a notary public. When you get married or become civil partners, the agreement is noted in the Civil Registry next to your marriage.
Once you’ve signed the agreement, you must get married within one year to validate the agreement.
The exact cost varies depending on the content of the agreement and your personal and financial circumstance.