Law firms across Scotland have noted in some cases a 125% rise in the number of post-nuptial agreements they are drafting. Most of these agreements are concerning second marriages or late bequests. Clients are using post-nuptial agreements to protect their own assets in the event of marriage breakdown.
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A recent study has revealed that prenuptial agreements for pets are few and far between in Scotland with eight out of ten people thought to not have considered what happens to their pet.
Despite animal care being one of the aspect that is often argued about, a mere 4% of Scottish couples have put in place a prenuptial agreement that states who would get custody of the pet in the event of a relationship breakdown. According to the study, a prenup to just include pets would be more common for young people.
Although only 4% of the couples involved in the survey had a pet prenuptial agreement, 16% of all those surveyed stated that they would care about who got to care for the pet if they separated. Many of those surveyed also stated that they would worry that their pet could be used as a bargaining chip when negotiating any sort of settlement.
Tracey Maloney, Head of Private Family at The Co-operative Legal Services, who conducted the study said: “Pets are increasingly being seen as part of the family, and when relationships break down, it’s only at that point that couples begin to think about who will gain custody of their pet.
"A prenup agreement can help couples make these important decisions in advance, so that if the worst does happen, both parties are clear on who will gain custody of their pet.”
Prenuptial agreements can be one of the most effective ways to protect your assets if you get married or are in a partnership and you end up divorcing or separating. While some feel that prenuptial agreements should not be needed, divorce and separation are sadly a part of modern day life. Therefore it is perfectly acceptable to plan ahead if the event occurs.
In the unlikely event that you will need a prenuptial agreement, you are ensuring your assets are protected, however, many do not wish to plan for the breakdown of a relationship. What can you do rather than arrange a prenuptial agreement that protects your assets?
There is a growing trend in the United States for couples to have clauses covering acceptable social media use built into prenuptial agreements, reports ABC News.
American actor Charlie Sheen has apparently denied various media reports that he is considering having a prenuptial agreement drawn up in advance of his marriage to Brett Rossi, reports the Huffington Post.
A-list celebrity couple Brad Pitt and Angelina Jolie are rumoured to have signed a prenuptial agreement ahead of their expected wedding, reports website entertainmentwise.com.
The former wife of a wealthy Russian businessman has failed in her attempt to have their prenuptial agreement invalidated, reports RAPSI.
The decision of a court in Brooklyn to cast aside a couple’s prenuptial agreement has taken family lawyers in New York by surprise, reports the New York Post.
Many people might think that prenuptial agreements are only of relevance to very wealthy couples with valuable assets to argue over.
Newly married Katie Price was insistent that her new husband, builder Kieran Hayler, sign a prenuptial agreement before the couple wed, reports the Daily Mail.
Singer and actress Miley Cyrus is reportedly keen to have a prenuptial agreement signed before she marries her fiancé, the actor Liam Hemsworth, reports Hollywood Life.
Following the news that Russell Crowe and Danielle Spencer are to divorce, news sites have been reporting that the couple signed a prenuptial agreement when they got married in 2003.
Actress Jennifer Aniston will not be signing a prenuptial agreement with her husband-to-be, Justin Theroux, reports the Business Standard.
Comedian and actor John Cleese was reluctant to sign a prenuptial agreement with his fourth wife, despite her willingness to do so, reports the Daily Mail.
Information released by Avvo, Inc., the American online legal and health advice website, has revealed a correlation between celebrity divorce in the news and increased demand for consumer legal advice concerning divorce.
The news that actress Katie Holmes has filed for divorce from superstar Tom Cruise has sparked a frenzy of press speculation about the likely divorce settlement.
A recent survey from America has found that around 48% of divorced or separated adults questioned wished they had spent more time discussing finances before getting married. Around 29% of those currently married said the same.
Vanessa Bryant, who is currently divorcing American basketball player Kobe Bryant, could be entitled to up to half of the couple's community property, as it has been suggested the couple do not have a prenuptial agreement in place, reports the LA Times.
Family law solicitors in the UK have seen a rise in the number of women initiating requests for prenuptial agreements, according to a recent survey.
Paul McCartney and his fiancée Nancy Shevell will not be signing a prenuptial agreement ahead of their impending wedding, reports the Daily Mail.