In a recent interview, KT Tunstall admits that one of the worst business decisions she has made is not signing a prenuptial agreement before she married her now ex-husband Luke Bullen. A costly divorce at a time when her musical fame was diminishing left KT facing a difficult and uncertain financial future.  

A prenuptial agreement could have provided KT with some financial certainty following the divorce.  Whilst prenuptial agreements are not formally legally binding in England and Wales, recent case law confirms that agreements that are entered in to freely and voluntarily with a full understanding of the implications should be upheld unless it would not be fair to hold the parties to the agreement.  As such, provided certain safeguards are met, parties to a prenup agreement are very likely to be held to the terms of the agreement.

Many people see prenuptial agreements as unromantic, but they are wonderfully practical documents that can help protect assets on divorce and provide some financial certainty in the event that the marriage does not endure.