A prenup may not be the most romantic follow-up to a marriage proposal, but with divorce rates rising it’s certainly the prudent option, writes lawyer Andrew Watson
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,...
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