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Learn about the essential aspects of prenuptial agreements, particularly with respect to protecting assets in the event of a divorce. It covers the default 50/50 asset split in the UK, and how prenuptial agreements can influence this. Key elements to ensure a prenup is taken into account by the court are detailed, including transparency, independent legal advice, and timing relative to the wedding. The video also explores situations where prenups are especially beneficial, such as when one party has significant assets or children are involved. It emphasizes the financial and emotional benefits of prenuptial agreements, despite potential initial discomfort in discussing them. 00:00 Introduction to Prenuptial Agreements 00:26 Why Couples Consider Prenups 00:52 Legal Binding and Requirements 01:55 Impact of Children on Prenups 02:29 Addressing Concerns and Misconceptions 02:56 Financial Benefits of Prenups 03:29 Real-Life Scenarios and Examples