Would you be insulted if your partner asked you to sign a prenuptial agreement?
Prince Harry and Meghan Markle reportedly won’t sign a prenuptial agreement in advance of their May 19 wedding.
The American actress and British royal will exchange vows at St George’s Chapel at Windsor Castle in a number of weeks. Markle boasts a personal fortune of an estimated $5m and Harry’s has a net worth of $30m.
According to the Daily Mail, the couple won’t be signing the legal documents before their wedding, which would protect both their individual assets should they split.
A source told the paper that “There was never any question in Harry’s mind that he would sign a prenup,”
According to the source “He’s determined that his marriage will be a lasting one, so there’s no need for him to sign anything.”
Harry is said to have inherited $18m from his late mother Princess Diana’s estate with another $36m in assets and his official royal expenses are covered by the Duchy of Cornwall trust, set up by his father Prince Charles, to cover the professional costs of being a royal for him, Prince William and Kate Middleton, and his wife-to-be.
He’s following in his older brother’s footsteps as William and Kate both chose not to sign a prenup before they wed in 2011.
Lawyer Julian Hawkhead told Us Weekly that prenups in the UK are different to those in the US as they do not feature specific clauses covering for infidelity or conduct in the marriage.
He said “They do not have the same weight as the Hollywood prenups and divorces you may read about all the time nor will they include penalty clauses for bad behaviour. The English courts rarely consider the behavior of the parties as relevant when dividing up assets,”
A pre-nuptial agreement (also called an ante-nuptial agreement) is an agreement entered into by a couple before they get married. In some cases a couple may enter into a post-nuptial agreement after they get married.
Pre-nuptial agreements vary according to each couple’s particular circumstances but generally they make provision for financial and property matters, and other issues, following the breakdown of the marriage. They can cover issues such as lump sum payments, pensions, maintenance and custody.
A couple enters into an agreement in order to try and avoid a dispute if they separate. Some pre-nuptial agreements cover issues arising during the marriage. Under Section 113 of the Succession Act 1965 a spouse can renounce his/her legal right share in a pre-nuptial agreement.
Here is a hypothetical situation – both of you are pretty successful in your careers and are about to get married. You both have a good salary behind you and have worked hard for it.
Your partner suggests you both sign a prenup – would you be insulted that he or she is suggesting a clause in case the marriage doesn’t work?
Or do you think it is smart and everyone should sign a prenup before they get married?
Is it basically putting a doubt in the marriage from the start?
According to the latest figures from the Courts Service, More than 4,100 couples around Ireland applied to divorce in 2016; a further 1,300 or so applied to separate.
Dublin had the most divorce applications, at 1,411.
I want to know what you think of prenups tonight-
Would you be insulted if your partner asked you to sign one?
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