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Prenups Driven by Property Boom According to Study

Research carried out by a law firm have found that more and more parents want a prenuptial agreement for their children after helping them buy a property.

According to experts, more children are relying on their parents to help them get on the property ladder that in turn has led to parents wishing to protect their children and their assets in the form of a prenuptial agreement.

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Celebrity Couple Announce Divorce

Ben Affleck and Jennifer Garner have announced their divorce in a joint statement the day after their tenth wedding anniversary.

The Hollywood A-listers who married in 2005 have three children and according to many media outlets are worth over $150 million. However, according to numerous sources, although Affleck will live on the same property as his former wife to take care of the children, the couple have no prenuptial agreement in place.

Reports indicate that the couple will liaise with business managers and use a mediator when negotiating the terms of their divorce. The negotiation could be drawn out due to the high number of properties owned by the couple, the success of both individuals and other factors such as syndication income. Despite the potential negotiation, the couple will share custody of their children.

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Making it easier for separating couples

When married couples or civil partners separate, the courts have a wide discretion to make financial orders. One important element of those orders is to ensure that the financial needs of both partners are met.

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Matrimonial survey reveals increase in prenuptial work

Grant Thornton's eighth annual matrimonial survey of family lawyers has revealed a continued increase in prenuptial work, with 58% of respondents saying that they had seen an increase in volume. Around 59% of those surveyed said that they expected further increases in volume over the coming year.

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The future for pre-nuptial agreements

Should a couple be able to make a firm agreement – before they get married or enter a civil partnership – about what should happen to their property if their relationship ends? Or should the law remain as it stands, that the courts can decide if their agreement is enforceable?

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