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Court of Appeal decision in Jones v. Jones promotes pre-nups

 

In Jones the Court of Appeal have done more for the promotion of pre-nuptial agreements.

The suggestion from the Court of Appeal is that if you bring a company in to a marriage, then when you divorce you should work out what the value was at the time of the marriage as well as the time of the divorce.

Whilst this will bring more company valuations in to the mix on divorce, it is an important reinforcement for pre-nuptial agreements also.  One of their most valuable features is to record what people bring in to the marriage, so that courts can work out what has built up during the marriage - what is a matrimonial asset as against a non-matrimonial asset.

With wealth protection at the top of the agenda these days, this is another critical judicial finding.

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