She might consider the following ...
Sunday 10 January 1999
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.
Life & Style blogs
Surgeon backs 'good death' plans - and reveals his own
NHS hit by stealth cuts of £2bn as tariffs received for medical procedures are reduced
How to survive a social-media mauling, by the tough women of Twitter
Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
The confessions of men who ordered mail-order brides
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
- 2 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 The most powerful passports in the world
£26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...