Prenuptials are becoming so commonplace that those with a paralegal certification can draw them up from a standard document preparation website, such as JustDocPrep. However, legislation has yet to catch up with marital trends and in many places, these agreements are mere formalities.
Recent reports in the media state that more couples are signing pre-nuptial agreements although ‘pre-nups’ are not yet legally binding in England and Wales.
There are arguments for and against pre-nuptial agreements. On the one hand it’s a way of safeguarding the assets that you had before you met your fiancée. On the other hand, why would you marry someone you had so little trust in? It almost smacks of expecting the marriage to fail. Then again, with the failure rate of marriage at approximately 45% perhaps it is just a wise precaution.
How do you feel if you’ve met the love of your life, you’ve had a wonderful romance, they’ve asked you to marry them and then they handed you a pre-nup to sign? It’s not very romantic is it? Would you feel that they didn’t trust you, maybe don’t really love you? Would it feel like they were just going into the marriage thinking that if it doesn’t work they can always divorce you? What about their commitment to you?
I’m a fairly practical individual and on the whole I don’t think I’d mind being asked to sign a pre-nup as long as I was given plenty of time before the wedding to have it checked by a lawyer, it was fair to both parties and had provisions for any children of the marriage.
How would you feel if you were asked to sign a pre-nuptial agreement? Would you be upset and indignant or would you accept that, in these days where people marry later in life and already have assets, it is only fair that you should be able to protect what you have worked hard for.
Pre-nuptial agreements are not just for the rich and famous – they are for anyone who has assets that they want to protect. What do you think – a good idea or a bad idea?