October 24, 2007
Light Fuse, Stand Back
I can't stand articles like this one:
News that Paul McCartney is expecting to settle his divorce from Heather Mills for £60m after just five years of marriage may send a shudder down the spine of other couples who are not getting on as well as they used to. But husbands and wives who find themselves in this position could avoid much of the cost and unpleasantness of breaking up with financial planning.One way to cut the cost, say lawyers, is to consider using a prenuptial agreement – something the McCartneys did not do. While prenuptial agreements are not legally binding in Britain, they are increasingly being taken into account by divorce courts and are not just the domain of the super rich. Several high-profile cases have spurred wealthy people to consider a prenuptial agreement.
Here's something better to consider: If you're thinking along these lines before you've even tied the knot, you've no business getting married in the first place.
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