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Entertainment Why Prince Harry and Meghan Markle Won't Have a Prenup

21:55  20 march  2018
21:55  20 march  2018 Source:   people.com

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When Prince Harry and Meghan Markle tie the knot in May, they likely won ’ t have a prenuptial agreement, despite the substantial assets between them. But it’s for a very simple reason: Prenups aren’t a common practice for anyone in the U.K. “Historically

When Prince Harry and Meghan Markletie the knot in May, they likely won ’ t have a prenuptial agreement, despite the substantial assets between them. But it’s

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Despite all the assets at risk if Prince Harry and Meghan Markle were to ever get a divorce, the couple probably won ’ t be signing a prenuptial agreement before they make that trip down the aisle in May, most likely because prenups aren’t generally practiced in the United Kingdom. As for the royal family.

When Prince Harry and Meghan Markletie the knot in May, they likely won’t have a prenuptial agreement, despite the substantial assets between them. But it’s for a very simple reason: Prenups aren’t a common practice for anyone in the U.K.

“Historically, members of the royal family have not had them,” royal author Ingrid Seward tells PEOPLE. “They are more popular in the United States —it’s just not a British thing.”

Prenups also can’t be legally enforced in the U.K. courts, according to the BBC. However, judges will consider them during a divorce trial, so they’re not without purpose, but they don’t carry as much weight as they would in the United States, where they are legally recognized. Prince Harry, Meghan Markle standing in front of a building © Chris Jackson/Getty

Both Harry and Meghan have hefty individual bank accounts — Harry, largely thanks to a trust left to him by his late mother, Princess Diana, and Meghan, from her starring role on Suitsover the course of seven seasons. Since Harry’s money is largely in a trust, it has an extra level of protection in the event of a divorce: Money in trusts is treated differently in divorce, and may be not eligible for division between the two parties, according to Divorce.co.uk.

Meghan Markle Hugs 10-Year-Old Girl Who Told Prince Harry She Wants to Be an Actress

  Meghan Markle Hugs 10-Year-Old Girl Who Told Prince Harry She Wants to Be an Actress Meghan Markle is inspiring the next generation of actresses. Alongside fiancé Prince Harry, the former Suits star stepped out for a morning of official engagements in Birmingham, England, for International Women’s Day on Thursday. And while meeting a group of well-wishers who had gathered to see the couple, Meghan shared a special moment with a 10-year-old budding actress — and gave her some words of encouragement that will last a lifetime. During the walkabout upon their arrival, Harry spoke with Sophia Richards, a 10-year-old student at Oasis Academy in Warndon, England. And when Richard told him that she wanted to be an actress when she grows up, Harry quickly reached for his fiancée so she could speak with Richards. “Meghan told me that I can achieve whatever I want to achieve,” Sophia said. “And Meghan said she would like to see me on TV when I become an actress.” The royal-to-be’s words had a big impact on Richards, who says she’ll remember their conversation for the rest of her life. “It was a dream come true. I will never forget this day,” she said. Watch: Meghan hugs Sophia Richards, 10, of @OasisWarndon after encouraging the schoolgirl in her dreams of being an actress @peoplepic.twitter.com/8pUOVFJOFC— Simon Perry (@SPerryPeoplemag) March 8, 2018 Meghan then gave Richards a hug and Harry brought her back to her classmates.

There's a simple reason why Prince Harry and Meghan Markle likely won ' t have a prenuptial agreement. Harry and Meghan live rent-free in Nottingham Cottage at Kensington Palace, and they don’ t have a country home yet. ( Prince William and Kate Middleton’s country home is on the Queen’s

Both Harry and Meghan have hefty individual bank accounts — Harry , largely, thanks to a trust left to him by his late mother, Princess Diana, and Harry and Meghan live rent-free in Nottingham Cottage at Kensington Palace, and they don’ t have a country home yet ( Prince William and Kate Middleton’s

A lot of Harry’s wealth is kept in trusts — from the will of his late mother Princess Diana and from other bequests from relatives, such as the Queen Mother. The same goes for Harry’s father, Prince Charles, who doesn’t own Highgrove House or Birkhall (where he stays when he is in Scotland). Both estates are owned by a trust. When Charles and Diana divorced in 1996, their marriage “took a lot of unraveling and legal wrangling,” Little points out. Diana was given $23 million — a vast sum at the time, even by royal standards.

Prince Harry wearing a suit and tie © Tim Rooke/Shutterstock

Harry and Meghan live rent-free in Nottingham Cottage at Kensington Palace, and they don’t have a country home yet. (Prince William and Kate Middleton’s country home is on the Queen’s Sandringham Estate in Norfolk.) And when it comes to decorating their home, they can draw on the Royal Collection for their furnishings and pictures in the cottage and next door at the palace’s Apartment 1A where William and Kate and children Prince George and Princess Charlotte live. “So much is either owned by something else or someone else,” Joe Little, managing editor of Majesty, tells PEOPLE.

The Queen Formally Gives 'Dearly Beloved Grandson' Prince Harry Consent to Marry Meghan Markle

  The Queen Formally Gives 'Dearly Beloved Grandson' Prince Harry Consent to Marry Meghan Markle Everything is falling into place for Prince Harry and Meghan Markle's royal wedding.In a letter dated March 14 to the Privy Council, Queen Elizabeth II gave her formal approval of her grandson, Harry, marrying Meghan. In the formal letter, the Queen refers to Harry as her "Most Dearly Beloved Grandson," and lists Meghan's legal name, Rachel Meghan Markle.

Prince Harry and Meghan Markle won ' t sign prenup agreements, according to report on March 20. KIRSTY WIGGLESWORTH/AFP/Getty Imagesd). It would seem as though Harry and Markle would have a lot to lose if they did divorce. Markle , an American actress, gained substantial assets from her

With just two months left until Prince Harry and Meghan Markle tie the knot, the couple is faced Markle , 36, is believed to have a fortune of roughly £4 million thanks to her acting career. Marriage therapist Susan Pease Gadoua says not signing a prenup could put Markle at a serious disadvantage.

William and Kate’s country home of Anmer Hall was gifted to them by Queen Elizabeth, but the actual ownership of it likely rests with the Queen.

On the slim chance that Harry and Meghan do decide to have a prenuptial agreement, it’s a decision the public would likely never be privy to.

Little tells PEOPLE: “This would be something that would never make it to the public domain anyway, but I would be amazed if they had one.”

Related slideshow: Prince Harry and Meghan Markle wedding details (via Photo Services)


Meghan Markle and Prince Harry: LGBT Issues Are "Basic Human Rights" .
The royal couple attended a youth forum in London, speaking to LGBT activists.Speaking at the Commonwealth Youth Forum in London Wednesday, the couple – due to marry next month – chatted to young people at an event in which speakers from around the world gathered to discuss various LGBT issues

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