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Preventing future wife taking 50% in possible future divorce.

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Comments

  • frugalpam
    frugalpam Posts: 2,514 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    [quote=Londlad;4706631

    p.s. If someone wants to suggest an alternative forum where people are more hospitable, I'll try to repost there (without personal details, or even salary details) and just keep the question short, sweet, and to the point.
    Thanks.[/quote]

    As you're on such an amazing salary I'd think you could afford to see a financial adviser or a solicitor about how to protect your money, rather than rely on forums for advice ;)

    Pam
  • khdgsa
    khdgsa Posts: 33 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Take legal advice.

    Sadly, no matter how much you love each other, things can go wrong and it would be foolish not to think of potential future problems.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    You keep complaining that nobody has answered your original question. If that were all you wanted you could have just asked 'are pre-nuptual agreements valid in the UK?'. But you didn't do that - you went into a huge amount of fairly personal detail - much more than was needed for an answer. So now you really can't complain because everyone finds the rest of your lengthy post more interesting than the question.

    Firstly, it's fairly obvious that you're much too young to get married - someone of your age could be easily married for fifty years and neither you nor your partner will be the same people as you are now. You may have tired of the banking life and want to grow strawberries. Your wife may have become headmistress of her local school. The roles could be reversed. You could have a heart attack at 35; she might not be able to conceive.

    Secondly, marriage should be based on honesty (at least at the planning stages). Have you shown her your correspondence on these threads - if not, why not, since they are your sincerely held beliefs. Despite your saying that you are not a mean person, I suspect that your completely different attitudes to money and saving may well get on her nerves more than yours.

    Don't get married for at least another ten years - you're much too shallow yet. A few hard knocks may cure you of that.
  • Live life to the full.
    Women are everywhere. However you studied to get where you are today sonny! Women will come and go..then finally you'll marry.

    Don't listen to the lovesick'os
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    The main thing you have to do is to conceal your assets in such a way that it looks like the money has been spent.

    Hence wine, which most people drink rather than hold, and casinos, where most people simply destroy money.

    You also to have esnure that she has no idea how much you actually earn. If she thinks that what you disclose is the whole lot, then half the job is done for you.
  • dianadors
    dianadors Posts: 801 Forumite
    500 Posts
    Do a prenup - but make sure that you add in a clause which states "unless I am unfaithfull, in which case she gets the lot"

    I think thats fair.
  • I'm essentially a romantic and would only marry for love, and then gladly share everything 50/50.

    However to clear up a few myths about prenups:

    Pre-nuptial agreements are now very much recognised in English law (a case called K -v- K in 2003 started the ball rolling), but unlike America, English pre-nuptial agreements cannot penalise conduct (e.g. prenups are powerless to prejudice the position of an unfaithful spouse - despite what you may have read about Michael Douglas!).

    Financial agreements within marriage got a boost from another case in 2007 and again this month (January 2008), leaving the position that if either partner wants to challenge their own prenup they will have to come up with a very persuasive argument before the court will consider setting it aside.

    Interestingly enough, if you wished you had a prenup but are too late, these two recent cases have paved the way for postnups to become the new prenups, although the courts will examine your motives for suddenly deciding on a postnup very closely. Unfortunately for Sir Paul McCartney, these recent legal developments have arrived a bit late in the day!

    For other legal academics, details of these most recent postnup / prenup cases are set out under 'The Law' at www.postnuptialagreements.co.uk
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