What Prenups Have To Do with the Prince Harry and Meghan Markle Wedding of the Year

Grab your fascinator, clot the cream, and set your alarm clock – there’s a royal wedding on the horizon!  Celebrity weddings are always fodder for rumors and gossip and Prince Harry and Meghan Markle’s upcoming nuptials are no exception. One popular common heading is some version of “Meghan Markle Not Expected to Sign a Prenuptial Agreement.”

If this is indeed the case, it’s not a big surprise.  Though prenups are de rigueur for celebrities on this side of the pond — and a growing number of all Americans – prenups are relatively new in the UK.  Not having a prenup is standard practice for the royal family.  Prince William and Kate Middleton didn’t enter into one either.

For royal couples, the decision might make sense because much of their property is inherited and, according to Business Insider, therefore not subject to division in a UK divorce.

Prenups do make sense for many non-royal modern couples.  In Connecticut, prenups have been recognized longer than in England, and when done properly are typically upheld.  Prenuptial agreements can be a flexible and accommodating way to determine the division of assets and property should a marriage come to an end. They can dictate who owns the marital home and who holds financial responsibilities. Unlike what we have learned about prenups in England, they can even address intentions with regard to inheritance.

Preparing for the worst doesn’t mean the worst will happen.   Prenups allow a couple to determine together, when they are most in-step with one another, what they think is fair and what the ideal outcome would look like, should the marriage end. A prenuptial agreement doesn’t mean that the couple is lacking trust or commitment. Conversely, honest and thoughtful discussions (like those that go into building this type of agreement) can help create clear pathways for communication and lead to a stronger marriage.

Fret not about Will and Kate, though. It’s possible the royal couple may have confidential non-disclosure agreements upon marrying are not public, and they have hopefully committed to talking openly and honestly about money before and after the wedding.

So cheers to the happy couple — and here’s a recipe from Esquire for a Pimm’s Cup worthy of the royal wedding!

Photo Source: Getty Images Europe

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Freed Marcroft guides select clients through the legal aspects of prenuptial agreements while remaining mindful of their overall wellness. 

To discuss our helping with your situation, contact us today either here or by phone at 860-560-8160.

Written by Freed Marcroft