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ARTICLE · 10 DECEMBER 2008

A Degree Of Certainty? Pre-Nups In Jersey

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The recent spate of high profile, big money divorce cases appears to be creating a ripple effect among those wishing to avoid a similar experience.

JerseyWealth Management

The recent spate of high profile, big money divorce cases appears to be creating a ripple effect among those wishing to avoid a similar experience. In the wake of the widely publicized Miller case, which yielded the wife £5 million after a 3 year marriage, the column inches devoted to the Mills-McCartney divorce proceedings once again gave centre stage to the increasingly generous awards made to wives in the English divorce courts. As awards have risen, so the demand for pre-nuptial agreements has soared.

A pre-nuptial agreement is defined, at its simplest, as an agreement made by a couple before they marry concerning ownership of assets in the event of their divorce. Unromantic perhaps, but also arguably an increasingly realistic approach by those individuals seeking some measure of protection in a climate where many marriages unfortunately end in divorce.

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