Despite William’s current and future wealth, he and Kate didn’t sign an agreement to protect his fortune — or guarantee her financial well-being!
Kate Middleton and Prince William tied the royal knot without a prenuptial contract, and experts reveal the surprising reasons why they didn’t lock anything down!
You’d think that it would a great idea for both Kate and William to want to protect themselves with a prenup.
He, after all, will inherit a share of Queen Elizabeth‘s $467 million fortune and already has a portion of his late mother Princess Diana‘s nearly $34 million estate. And his father Prince Charles reportedly gave up his entire personal fortune — which would have been valued at $27 million today — when he and Diana divorced. Kate comes from a well-off family, as well. But in the event of a divorce she surely would want to be able to maintain the amped-up royal lifestyle she will become accustomed to.
But experts say the couple’s decision not to have a prenup is probably the right one. Here’s why:
Kate and William have known each other for a long time. London-based celebrity divorce lawyer Raymond Tooth tells The AP: “it’s not a whirlwind recent romance” at risk of dissolving any time soon.
In the event of a split, it’s better to have the damaging information gathered from a bad marriage. “What couples know of one another at the time of their engagement pales in comparison to the knowledge they possess after years or decades of shared intimacies…” Victoria Pynchon says on Forbes.com. “Spouses in unequal financial positions quickly come to possess the equal negotiation leverage of mutually assured destruction.”
No one can predict future financial worth. “In an unpredictable world, tying one’s self to obligations that will not mature for ten, twenty or thirty years in the future is not simply ill-advised, it is the act of a fool,” Victoria says.
Let’s hope Kate and William, who seem so well-suited for one another and so in love, never have a reason to act on any split-up strategy!
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