Is a prenup, a red flag?
In most cases prenups are positive for both parties as they provide for protection, practical future planning, and financial transparency. However, red flags and warning signs should arise in the following circumstances:
When there is a lack or refusal of financial disclosure by one party.
When a Prenup is produced shortly before the wedding or civil partnership ceremony.
When a person is being rushed into signing the prenup without enough time to review and consider.
When one party is dissuading the other from obtaining their own professional advice.
When the language used in the Prenup is unclear or confusing, and can be interpreted in multiple ways.
When threats or force are used to make a person sign the Prenup.
When one party is unwilling to negotiate on the terms of the agreement. When the terms of the agreement are unfair, one-sided, or heavily favour one party.