Published on February 4th, 2014 | by Kelly Rose Bradford0
Would you sign a pre-nuptial agreement?
Did you consider drawing up a pre-nuptial agreement with your former partner – or has the experience of separation and divorce made you determined to do so if you marry again?
Often par for the course in the USA, and with uber rich celebs, the asset-protecting docs are set to carry legal weight under new divorce rules in England and Wales. At the moment, they are not legally binding, although in 2010, the Supreme Court ruled that judges could take them into account if certain conditions were met.
Now, new proposals set out by the Law Commission could see more than 250,000 engaged couples a year drawing up documents to set in stone how their assets will be divvied up should their marriage end.
Nicole Kidman reportedly has a pre-nup in place which states that her husband Keith Urban won’t get a penny of her cash in the event of a split if he uses illegal drugs.
The Daily Mail reports the proposals are ‘expected to receive cross-party political support when they are published along with a Draft Bill this month’.
It’s rumoured that Priscilla Chan, wife of Facebook founder Mark Zuckerberg, had a clause written in their pre-nup that Mark has to commit to spending at least one night and 100 minutes of quality time with her per week!
Until the law does change, Hannah Green, researcher at relationship charity OnePlusOne told parenting solo that it is important for people to understand their legal rights when it comes to relationships.
“If couples put a pre-nuptial agreement in place, the way the law currently stands means that it may not be legally binding,” she said.