To Pre-nup or not?

It may not be the most romantic of topics, but pre-nuptial agreements are an important part of many couples’ big-day planning.

A whopping 48% of ladies said they would, or would at least consider, signing a pre-nuptial agreement.

It seems a sensible idea, especially if you already have children from a previous relationship, or if you or your family have a lot of financial assets. Going into a relationship with a clear arrangement in place could in fact make for a more stable marriage

Don’t like the idea of discussing finances? 

You could draw up an agreement between yourselves about promises that you want to make to each other during the marriage – a romantic twist on the traditional pre-nup!

Each of you should take independent legal advice.

Tell the other frankly about what you own, earn and expect to receive.

Download and complete a Form E. Your solicitors will use this information to create a schedule for each of you respectively so that the ‘pre-marital assets’ can be ascertained.

You will also need to ensure that you make a will to reflect what you are stating will happen in the event, not only of divorce, but of death.

Ideally these should be drawn up and signed six months before the wedding. This helps to avoid what’s known as ‘late pressure’ on either party. If you do leave it too late you can of course create a post-nuptial agreement.

When celebrities tie the knot, a pre-nuptial agreement is often talked about. If financial wealth is at stake, then many would consider this controversial agreement a necessity.

Jessica Beil may have got Justin Timberlake to settle down, but not before she slapped him with a pre-nuptial agreement that entitles her to at least $500,000 if Justin ever decided to play away.

In order to protect his Playboy assets, Hugh Hefner recently had his new wife Crystal Harris sign a pre-nuptial agreement. Apparently, it states that if the couple divorce, or if Hefner dies, Crystal would have to vacate the mansion, and has no legal rights to the iconic Holmby Hills estate.

Pre-nuptial agreements aren’t for every celebrity, though. When Wayne Rooney married Colleen McLaughlin, the couple decided against the legal agreement because they thought it was un-romantic.