It is surprising to read that more couples are being encouraged to consider alternatives to marriage, such as a 10 year contract.
Many believe that the institution of marriage has become outdated and the idea of contracts are becoming more appealing.
It will be interesting to see how the law develops in this area, given that without marriage, couples are very limited as to the financial provision available to them following any subsequent separation.
When over one in three marriages ends in divorce, staying together ‘til death do us part seems unrealistic. With that in mind, couples are being advised to turn their backs on marriage and consider entering ten-year contracts instead. Couples who choose a contract over a life-long union firstly lay out their goals for the relationship and financial terms should it end, and agree to stay together for a decade. The pair then reconsiders the future of their relationship as the milestone approaches.