After only 14 months of marriage, Britney Spears’ husband, Sam Asghari, has this week filed for divorce citing “irreconcilable differences”.
Here in the UK we now have what is known as the no fault divorce meaning couples can divorce without having to cite any particulars such as bad behaviour. This allows couples to divorce with minimal contention.
When Asghari filed for divorce on Wednesday, there was speculation that he would be challenging the pre-nuptial agreement the parties had entered into. The benefit of having this type of agreement is that the parties had already decided, when on good terms, how their assets would be divided, how legal fees would be paid for, and so on and so forth. Negotiating these terms post separation can be costly adding further stress in what is an already a difficult time.
It has since been reported that Asghari will not be challenging the pre-nuptial agreement which demonstrates just how significant these documents are. We are continuing to see an increasing number of cases requiring pre and post nuptial agreements highlighting that they’re not only for the rich and famous and are becoming increasingly common across all marriages.
We asked our head of Family Law, Chelsey Bayliss, why she thought this was; “ I firmly believe the increase is due to a number of factors; firstly the exposure pre and post nuptial agreements are now receiving means that more people are becoming aware as to the benefits. Secondly, gone are the days where you marry only once. I am regularly seeing clients who are embarking on their second or third marriage. Should they not protect their assets properly, they may, unintentionally, disinherit their own children. I feel it is a real positive and a step in the right direction that more and more people are becoming financially astute and are protecting their wealth in a fair and reasonable way”.
If you have a Family Law matter you’d like to discuss or seek advice on, please contact enquiries@prosperitylaw.com or call 0151 909 5930.
