Marriage guidance: Why a prenup should be part of wedding planning

Most of us spend years building up our financial assets, so it always surprises me when I see divorcing clients who don't have a prenuptial agreement in place. It may not be the most romantic follow-up to a marriage proposal, but with divorce rates rising - by almost 10% in 2021 - it's certainly the prudent option. A prenup can not only protect a client's assets, but it can also help keep their legal costs down in the event that the relationship does end. As a rough estimate, I would say that the cost of drawing one up is at most a tenth of the cost of contested financial proceedings,...