More Couples Draft Property Division Agreements Before Marriage

20% of Couples... Prenuptial Property Division Agreements Actually Reduce Divorce Possibility

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[Asia Economy Senior Reporter Jinsoo Lee] More couples are drafting prenuptial agreements to prepare for divorce before marriage.

The Marriage Foundation, a UK-based nonprofit organization that promotes marriage, announced on the 29th (local time) on its website that one in five couples nowadays drafts prenuptial agreements first.

The survey revealed that about 20% of couples married since 2000 have prepared prenuptial agreements. This is a sharp increase from 1.5% forty years ago.

Wealthier couples were more likely to prepare prenuptial agreements in anticipation of marital breakdown. Among those in management, executive, and professional occupations, the rate reached 44%. Meanwhile, middle managers, skilled, or semi-skilled workers recorded 18%.

Harry Benson, Research Director at the Marriage Foundation, said that drafting prenuptial agreements "is no longer the exclusive domain of the wealthy or celebrities," adding that "many ordinary couples now consider prenuptial agreements important." Benson also noted that this tendency is stronger among high-income groups.

According to Sir Paul Coleridge, founder of the Marriage Foundation, the increase in prenuptial agreements is also related to the rise of couples marrying later in life who have accumulated significant personal wealth.

A survey by London-based polling firm Savanta ComRes of 2,000 adults found that prenuptial agreements may actually reduce the likelihood of divorce. Sir Coleridge pointed out, "Couples who carefully consider complex issues such as property before marriage tend to have fewer cases that lead to divorce even if problems arise after marriage."

In the UK, prenuptial agreements do not have legal binding force. However, courts tend to take them into account when adjudicating property disputes between spouses.

This content was produced with the assistance of AI translation services.