Marriage contracts: the unromantic part of ‘til death do us part
It’s vital you follow up that walk on the beach with a sober signature
Society has evolved, and people form various types of partnerships and unions, including marriage. As unromantic as it may appear at the time, marriage contracts are incredibly important, not just because of the possibility of divorce, but because of the way contracts bind people, even after death. Everyone needs to take time to seriously weigh up the pros and cons of the various types of marriage contracts. When you decide on a contract, pay careful attention — with the help of a qualified professional — to the details, so that in the event of death or break-up, you are protected. The “pre-nup” is a vital part of any wedding plan, says Jeremy Woods, head of Fiduciary Services at financial advisory firm GTC. He urges couples to carefully consider their needs and to review their contracts before signing, as the details of a marriage contract have many consequences for a couple’s life together. “It is entirely natural for couples to focus on making their wedding day as special as poss...
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