You may have read in the press recently that Formula 1 boss Bernie Ecclestone’s daughter has recently announced her engagement to businessman Jamie Stunt.
It is reported that Bernie Ecclestone is keen to protect his billions by ensuring his daughter signs an “ironclad” prenuptial agreement. This begs the question - can pre-nuptial agreements protect inherited assets?
A pre-nuptial agreement is a formal agreement entered into prior to a marriage or civil partnership which sets out who owns what at the time of marriage and also how the couple envisage that those assets should be divided in the event of divorce or separation. At present, divorce law is clear that pre-nuptial agreements are not “ironclad” in England and Wales.