Meghan Markle and Prince Harry reportedly aren't signing a prenup — but here's why you probably still should

Shana Lebowitz
Meghan Markle Prince Harry

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  • Meghan Markle and Prince Harry reportedly will not sign a prenuptial agreement before their May 2018 wedding.
  • This is standard practice in the royal family.
  • Prenups are relatively new — and still unpopular — in the UK.
  • For royal couples, the decision might make sense because property is inherited and not subject to division in a divorce.


Prince Harry and Meghan Markle are set to wed in May 2018 — but they’re skipping a step many modern couples take to protect their finances in the case of divorce.

According to the Daily Mail, Prince Harry and Markle aren’t signing a prenuptial agreement. In fact, Prince Harry’s older brother Prince William also didn’t sign a prenup before marrying Kate Middleton in 2011, Fox News reported.

For the average American couple, this might be a dangerous choice. But for couples in the UK, it’s somewhat expected.

Prenups were only introduced in the United Kingdom fairly recently — and they’re still not very popular.

In a 2010 ruling, the Supreme Court held that “courts should give effect to a pre-nuptial agreement that is freely entered into by each party, with a full appreciation of its implications,” unless it would be unfair to the parties, according to a 2017 briefing paper from the House of Commons.

Before that, prenups were not always enforceable in the UK. In fact, said Harriet Cohen, a partner at Cohen Rabin Stine Schumann LLP, a family law firm in New York City, prenups were considered “non-romantic.”

As for royal couples specifically, Cohen said Prince William and Prince Harry likely don’t have much property of their own that they’d be trying to protect in a divorce.

As Business Insider’s Áine Cain reported, national treasures like the Crown Jewels or the Tower of London are part of the royal collection. The monarch holds them in trust for the nation.

(Still, Cohen said the royal couple may have confidential non-disclosure agreements upon marrying that are not made public.)

In the United States, prenups are handled differently by state. Cohen said that in New York, for example, a prenup is typically upheld. But assets that you inherit typically do not get divided in the event of a divorce.

If you're not marrying into royalty, you should consider signing a prenup

All that said, a prenup still makes sense for many modern (non-royal) couples. As Business Insider previously reported, a prenup typically determines the fate of property and other assets that either person brings to the marriage, as well as the assets they’ve acquired together, upon divorce.

It might sound unromantic, to plan for a relationship's demise, but in actuality, it's practical. Just because you've prepared for the worst doesn't mean the worst will happen — and if it does, you know your hard-earned assets aren't at risk.

Terry Savage, coauthor of "The New Love Deal: Everything You Must Know Before Marrying, Moving In, Or Moving On!," wrote: “The point is to discuss and plan now, while you are most in love and most in tune with each other, not later, when you need to argue it out, and these become power issues as much as financial or social issues.

Savage herself went through a divorce, and found that in her own experience, "divorce was made easier by having an agreement that left no debate about finances," she wrote.

Interestingly, wealthy couples in the US are starting to draft more creative prenups that address other issues besides finances. For example, as Business Insider’s Rachel Gillett reported, Jessica Biel and Justin Timberlake have an infidelity clause in their prenup: Biel will receive $500,000 if Timberlake cheats.

If you’re already married and starting to panic, don’t: Some couples draft post-nuptial agreements instead, that are created after they're married. At the very least, you and your spouse should talk openly and honestly about money — before and after the wedding.

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