Prenups good for second and third marriages
Couples may benefit from a prenuptial agreement
in a number of situations, one expert has noted.
One of the main reasons for signing such a document is one party's wealth is significantly higher than the others, suggested Rachel Compton, a legal executive advocate specialising in family law
"[They] are also relevant for couples on their second or third marriages, particularly if there are grown-up children involved and one half of the couple wants to protect the inheritance that will be passed on," she continued.
However, financial inequality is not the only circumstance where a prenuptial agreement
should be drawn up, she told Cambridge News, as they can also help to protect assets.
A number of legal professionals recently told the Associated Press that a prenuptial agreement
may be useful for Prince William and Kate Middleton, as it would help with the division of assets if they were to ever divorce.
Published on: April 15, 2011
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