She might consider the following ...

If Sophie Rhys-Jones were to negotiate a pre-nuptial agreement, she would need to brief her own team of lawyers and they would need to establish as best they could Edward's financial position: potentially a complex and somewhat delicate task.

Sophie would, of course, need to disclose her own assets and would doubtless be keen to ensure these were ring-fenced for the future. If all goes wrong, she may want the option of returning to her flat in Coleherne Court; certainly she would want to protect her interest in her PR company and feel able to build upon that for her personal benefit. She would therefore want to ensure that all the assets she brings to the marriage would remain hers, whatever may happen in the future, and that she would retain full control over them.

In due course she will be receiving a number of gifts, some very personal, others in the form of engagement or wedding presents. Some careful drafting would be needed to ensure that she would retain a fair share.

At present Edward holds Bagshot Park under a lease from the Crown Estates. Sophie may feel that the lease should be placed in their joint names to give her the reasonable security and protection that most wives would be seeking - the Crown Estates may have a different view.

She would also, one suspects, like to be sure that in the event of any disaster befalling Edward, she would have the right to continue to live there - especially if there are children to provide for. A formula could be devised providing that funds are put in place and made available to her as and when there is a family to provide for.

It may not be appropriate to put it in the agreement (and it could be a little premature) but it may be no bad thing if Edward and Sophie could clear the air on how they expect to see their children brought up and educated.

Sophie's style and cost of living is likely to rocket. Depending on her own resources she could reasonably expect financial help to cover additional transport and clothing allowances and fashion or style advice. She would, perhaps, be asking for staff to assist her in managing Bagshot Park and provide her with transport and protection when needed. The royal family have some experience in this area.

Sophie and Edward should certainly agree to make appropriate wills. Sophie would want to ensure proper financial protection for herself and any children if Edward should die before her.

The view seems to be that this relationship is one that really can work and last. If, however, it fails disastrously quickly and there are no children, then Sophie will face some rapid readjustments and may well be looking for some reassurance about her future financial position. (So may Edward.)

The key to all this is likely to be the extent to which Edward can expect to receive funding from royal resources and to what extent financial security will be put in place "up front" - and just what sort of constraints the royal advisers would be imposing on any funds that were provided. There would be a good deal of work to be done to steer a fair and sane course through very delicate territory.

The writer is a partner in the law firm Collyer-Bristow.

Have you tried new the Independent Digital Edition apps?
Life and Style
ebookNow available in paperback
ebooks
ebookPart of The Independent’s new eBook series The Great Composers
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs General

    Ashdown Group: Senior Accounts Assistant - Accounts Payable - St. Albans

    £26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...

    Ashdown Group: Treasury Assistant - Accounts Assistant - London, Old Street

    £24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...

    Recruitment Genius: Installation and Service / Security Engineer

    £22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...

    Recruitment Genius: Service Charge Accounts Assistant

    £16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...

    Day In a Page

    General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

    Chuka Umunna: A virus of racism runs through Ukip

    The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
    Yemen crisis: This exotic war will soon become Europe's problem

    Yemen's exotic war will soon affect Europe

    Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
    Marginal Streets project aims to document voters in the run-up to the General Election

    Marginal Streets project documents voters

    Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
    Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

    The real-life kingdom of Westeros

    Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
    How to survive a social-media mauling, by the tough women of Twitter

    How to survive a Twitter mauling

    Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
    Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

    At dawn, the young remember the young

    A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
    Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

    Follow the money as never before

    Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
    Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

    Samuel West interview

    The actor and director on austerity, unionisation, and not mentioning his famous parents
    General Election 2015: Imagine if the leading political parties were fashion labels

    Imagine if the leading political parties were fashion labels

    Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
    Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

    Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

    The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence
    Public relations as 'art'? Surely not

    Confessions of a former PR man

    The 'art' of public relations is being celebrated by the V&A museum, triggering some happy memories for DJ Taylor
    Bill Granger recipes: Our chef succumbs to his sugar cravings with super-luxurious sweet treats

    Bill Granger's luxurious sweet treats

    Our chef loves to stop for 30 minutes to catch up on the day's gossip, while nibbling on something sweet
    London Marathon 2015: Paula Radcliffe and the mother of all goodbyes

    The mother of all goodbyes

    Paula Radcliffe's farewell to the London Marathon will be a family affair
    Everton vs Manchester United: Steven Naismith demands 'better' if Toffees are to upset the odds against United

    Steven Naismith: 'We know we must do better'

    The Everton forward explains the reasons behind club's decline this season
    Arsenal vs Chelsea: Praise to Arsene Wenger for having the courage of his convictions

    Michael Calvin's Last Word

    Praise to Wenger for having the courage of his convictions