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With this prenuptial, I thee wed
August 2010
EAST Lancashire couples are turning to prenuptial agreements to protect themselves before marriage, reveals law firm, Haworth & Nuttall.
Ian Brunt, family partner at the law firm with offices in Blackburn, Accrington and Great Harwood, reports that inquiries into prenuptials have increased over the last 12 months.
For example, clients with significant funds that they want to retain should they divorce, and couples with more modest funds, who are entering into marriage very much with their eyes open.
High profile divorces in the media, such as Mills-McCartney and Andre-Price divorces, have raised the importance of prenuptials as a safety net for an individual’s wealth.
Currently the agreements are not legally enforceable in England and Wales; however the Law Commission has reported it will consult on their use this year.
Ian Brunt said: “The couples I am seeing are much more aware of the legal and financial implications of marriage.
“There has been a definite increase in inquiries, and I would say this is thanks in part to a number of recent high profile break-ups and also the now often reported statistic that one in four weddings end in divorce.”