Prenuptial agreements are traditionally associated with Hollywood A-listers, business tycoons and sports stars. But safeguarding assets from your partner is no longer the preserve of the super-wealthy, with ordinary couples taking a pragmatic approach to love and money
The trend has been fuelled by the great wealth transfer — the estimated £5.5 trillion that will pass down the generations over the next three decades. Older family members are giving early inheritances to children and grandchildren in a bid to beat the taxman, but want assurance that the money will remain in the family in the event of a divorce or financially irresponsible spouse.
Denise Findlay from the law firm Birketts LLP said: “We’re seeing a significant rise in postnuptial agreements driven by parents in their…
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Source www.thetimes.com
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