The only way of affording yourself any protection is to enter into a
pre-nuptial agreement, a contract by a couple prior to marriage which sets out how they intend to regulate their financial positions in the event of a divorce.
Whatever, your balance sheet, a
pre-nuptial agreement provides reassurance as to what will happen in the event of a divorce.
It also ordered him to pay nearly Dhs1 million from an Islamic
pre-nuptial agreement.
It is important to stress that
pre-nuptial agreements are not legally binding, although they are increasingly taken into account provided they meet the following conditions: ?
But 72% said they would like to see
pre-nuptial agreements become legally binding in the UK, as this would enable them to make gifts to their children, safe in the knowledge that if they later got divorced, the money would still benefit their child.
Speaking to Gulf News on the phone from his London office Brookman reasoned: "My guess is that the Rooneys have gone in for a
pre-nuptial agreement.
Presently,
pre-nuptial agreements are not legally binding in themselves should a marriage break down, but they are something which in those circumstances a court would give strong consideration to in relation to dealing with financial settlements.
Actress Pamela claims she thought it was her marriage licence and only later found it was a
pre-nuptial agreement limiting her rights to his fortune.
Nikki says she has never thought of a
pre-nuptial agreement and the Law Lords' ruling will not make her think again.
By drafting a
pre-nuptial agreement, couples proactively protect their interests and assets, while also avoiding drawn-out, hotly disputed and expensive divorce litigation in the future, if it ever comes to that," said Ward.
LIVERPOOL-based insurance company More Th>n has launched a
pre-nuptial agreement for same sex marriages.
A
PRE-NUPTIAL agreement for gay couples who are planning to get married was launched yesterday by insurer More Than.
