It’s not an excuse for a party! There are also some important legal considerations…
What if it goes wrong?
Without wishing to rain on the proverbial parade, before committing to a civil partnership, it is as well to consider for a moment the consequences if things do not go as planned. As with marriage, you cannot legally walk away from the relationship. For it to be ended formally it is necessary to go through a process that is almost identical to divorce.
Divorce need not, though, be nasty and litigious. Very often it is quite amicable and very rarely ends up in a courtroom battle. Sensible lawyers can often make the process that much simpler and easier, putting some distance between the two parties and giving them each a more objective opinion on the best way to proceed and what they can ultimately expect to receive.
When two people dissolve their civil partnership they can agree financial terms between themselves and ask the Court to approve this. If the parties cannot agree, the Court can decide. The Court has power to order regular maintenance payments, a lump sum payment, the sale of property and the sharing of pensions, to name but a few powers. It can also make a whole host of decisions relating to any children.
Increasingly people seek to protect themselves financially by signing pre‐registration agreements before entering into their civil partnership. This attempts to set out in advance of anything going wrong exactly how the parties would wish their assets to be divided. Pre‐registration agreements (and pre‐nuptial agreements for married people) are not contractually enforceable in England and Wales.
However, if drawn up properly, they can prove persuasive to the Court. To maximise the chances of a pre‐registration agreement being successful, each party will need to give full financial disclosure to the other and will need to make the provisions of the agreement fair. The document should be prepared well in advance of the registration, and each party should also be advised by a separate lawyer who is well experienced in such matters.
For further information about any of the matters discussed above, please feel free to telephone Richard Hogwood or Christopher Butler of Speechly Bircham on 020 7427 6400 or e‐mail firstname.lastname@example.org. Alternatively, visit the Speechly Bircham website by clicking here.