Why over half of couples would choose pre-nups

Date: March 9th, 2016 - Written by: Brookman Solicitors

prenups

 

A survey highlighted recently in the Daily Mail, revealed that 60 percent of Australian couples interviewed would be happy to sign a pre-nup agreement.

Once considered by many to demonstrate a lack of trust in the other person and lack of faith in the marriage before it has even taken place, today’s realistic couples are keen to protect their assets.

With one in three Australian marriages ending in divorce and similar numbers in the UK, pre-nuptial agreements are no longer purely the remit of the rich, and celebrities.

The 2016 One Fine Day Wedding Survey also revealed that an additional 20 percent of respondents would be willing to consider a pre-nup if requested.

With couples waiting longer to get married the first time, increasing numbers of subsequent marriages and children often born to unmarried couples, a pre-nup can prove to be a sensible precaution, detailing aspects of child support, along with division of assets and financial support.

Despite the increasing popularity of pre-nups as a preparation for marriage, the survey showed that less faith was placed in another option – that of pre-marriage counselling.  Only 16 percent said they would consider this service, whilst another 15 percent said they would consult with their local religious representative.  23 percent revealed that they would ask advice from someone close, such as friends or relatives.

As there is no standard form of pre-nuptial agreement in England and Wales, it is vital that one be drawn up to meet the precise needs of the couple to be married.  This is especially significant where one partner is considerably wealthier than the other, where there are children involved.

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