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Pre-Nuptial Agreements

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Submitted By jademc92
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Pages 12
“The current law on pre-nuptial arrangements in England and Wales is unsatisfactory. Couples should be free to determine their own property and financial arrangements on relationship breakdown under legally enforceable contracts.”
Critically analyse this statement with reference to recent developments in England and Wales, and in other jurisdiction(s) where appropriate.

In a society where forty two per cent of marriages end in divorce, marriage breakdown is an unfortunate yet inevitable reality for many. With the development of pre-nuptial agreements in many other jurisdictions, there has been recent pressure on the government here to legislate in the area of the law.

Pre-nuptial agreements are entered for many reasons, there are the obvious security benefits such as protecting your wealth in case of marriage breakdown and there are also less cynical reasons such as safeguarding for children of a previous marriage or protecting family wealth.

This essay will outline the current law on pre-nuptial agreements in England and Wales, followed by recent developments and views. The US laws on pre-nuptial agreements will be drawn upon as a comparison and the conclusion will focus on what is the best way forward for England and Wales. I propose that this will be updating current legislation to allow pre-nuptial agreements as the freedom to arrange a marriage as they so wish should be reflected in their freedom to make arrangements for the financial breakdown of their relationship.

Current law in England and Wales

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