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April 29, 2011

Top divorce lawyer asks Prince William to sign pre-nuptial agreement

LONDON: One of Britain's most successful divorce lawyers, Ayesha Vardag, has advised Prince William to sign a pre-nuptial agreement to limit the potential financial payout in the event of a divorce. William, British Queen Elizabeth II's grandson, would tie the knot with Kate Middleton on Friday.


"There is merit to him in having a prenup,'' Vardag told TOI. But a British royal family spokesman said there would be no such agreement.

Vardag has the opposite opinion for Kate. "I would advise her against a prenup primarily on strictly monetary grounds as the courts are traditionally generous to claimant wives,'' she said.

The fairytale marriage between Will's parents — Princess Diana and Prince Charles — in 1981 ended in a decree nisi in 1996. Diana received a lump sum settlement of 17 million pounds and 350,000 pounds a year.

Vardag's comments came in the context of prenuptial agreements becoming binding in England unless deemed to be unfair after she won a famous case last year.

But the UK Supreme Court's ruling making the agreement a binding is not applicable in Scotland, where the UK royal family generally spend a part of the year. "If they (William and Kate) were to divorce while in Scotland or elsewhere they could be subject to that nation's jurisdiction and then the local law on divorce would apply,'' said Vardag. She said the royals could adopt the attitude that they are above prenups.

Three of Elizabeth's four children have divorced; her daughter, Anne, more than once.

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