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Prenups Are Legally Binding, But Not Everywhere

Charlotte's first Sex and the City husband, Trey McDougall, comes from Scottish blood, but he'd probably be a proponent of the UK Law Commission's discussion to make prenuptial agreements legally binding.

Americans are no strangers to the legal contracts that outline the division of assets in case of divorce, while couples in the UK haven't been operating under the same options. Remember when Paul McCartney paid Heather Mills a settlement of $48.6 million as the result of an intense divorce proceeding? The exhausting process and enormous payout could have been avoided if English courts recognized prenups.

Opponents of legally binding prenups are concerned about a higher divorce rate, but proponents argue that without these contracts some couples aren't getting married at all, especially if they've had a previous marriage. There's plenty of time to argue; The Law Commission plans on publishing a drafted bill in 2012 and its projected that it would be 2014 before any law passes.

What do you think? Would legally binding prenups be beneficial or should the UK maintain its status quo?


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