Family
Owner Managed Businesses
Annabel Andreou
November 2025
Taylor Swift’s engagement to Travis Kelce might be dominating headlines, but behind the romance is a legal reality every business owner should pay attention to: the prenuptial agreement.
With a billion-dollar empire built on music, branding, and intellectual property, Swift’s lawyers are almost certainly drafting a pre-nup. But here’s the thing , you don’t need to be a global superstar to need one. If you own a business, have family wealth, or simply want clarity in your financial future, a pre-nup isn’t just smart, it’s essential.
What’s a Pre-nup, Really?
A prenuptial agreement is a legal contract signed before marriage or civil partnership. It sets out how assets will be divided if the relationship ends.
In England and Wales, pre-nups aren’t automatically binding, but since the landmark case Radmacher v Granatino, courts will usually uphold them if:
- Both parties sign freely
- There’s full financial disclosure
- Each person gets independent legal advice
- The agreement is fair and doesn’t leave anyone in hardship
In short: when done properly, a pre-nup carries serious weight.
Why Founders and Business Owners Should Care
Whether you’re scaling a tech startup or running a family-owned business, a pre-nup can protect what you’ve built. Here’s how:
- Protecting pre-acquired assets: Like your business, property, or investments.
- Safeguarding family wealth: Including gifts, inheritances, or shares in a family firm.
- Providing for children from previous relationships: Ensuring their financial future is secure.
- Reducing conflict and legal costs: If separation happens, clarity helps everyone move forward.
This isn’t about mistrust. It’s about planning responsibly, just like you would with shareholder agreements or succession planning.
Common Pre-nup Myths, Debunked
“Pre-nups are only for celebrities.”
Not true. If you own property, have savings, or run a business, you have something worth protecting.
“Signing a pre-nup means you expect divorce.”
No more than writing a Will means you expect to die tomorrow. It’s about being prepared.
“Courts ignore them.”
Not anymore. Properly drafted pre-nups are taken seriously.
Lessons from Taylor Swift’s Engagement
Swift’s assets include royalties, trademarks, and ongoing income from her tours. But the principle applies to any business owner: protect your intellectual property, your equity, and your future.
A pre-nup isn’t about predicting failure. It’s about protecting success.
Practical Tips for Business Owners
- Start early: Sign at least 28 days before the wedding to avoid pressure.
- Be transparent: Full financial disclosure is non-negotiable.
- Get independent legal advice: Each party should have their own solicitor.
- Plan for change: Include review clauses for children or major life events.
Final Thought
If you’re engaged and you own a business, a pre-nup isn’t just a legal formality, it acts as a strategic move. It protects your legacy, your team, and your future.
At Lawrence Stephens, we help founders and business owners create pre-nups that reflect their values and protect what matters most. If you’d like to explore your options, contact Annabel Andreou today.
Because whether you’re planning a wedding or building a business, clarity is the best foundation.