Posted Apr 04, 2011 05:35 pm CDT
With millions at stake and countless failed royal marriages serving as a reminder of the possibility of divorce, will Prince William and his fiancée Kate Middleton sign a prenuptial agreement?
Prince William’s office has refused to comment on whether the second-in-line to the throne may be signing a such a contract before his April 29 wedding, according to the Associated Press.
Prenuptial agreements are common in the United States, but the same cannot be said in Britain, the AP reports. During the last year, British courts began recognizing such agreements after several prominent divorce awards earned London its “divorce capital of the world” reputation, the AP says.
If Prince William looks to his father for advice on the matter, he may not sign an agreement at all: AP noted that it has been widely reported that Prince Charles dismissed legal advice when he married his second wife, Camilla, without a prenup in 2005. The first-in-line to the British throne did so despite handing over millions to his first wife, Princess Diana, after their marriage ended in 1996, the BBC reported at the time.
Prince William has millions of dollars on the line. He is set to inherit from the queen’s fortune, which the Sunday Times 2010 “Rich List” approximated at $467 million, the AP reports. The prince also received a share of Princess Diana’s almost $34 million estate.