October 26, 2013 04:05:07 GMT
The newly-engaged couple has agreed to keep their individual finances separate after they get married.
Following their engagement earlier this week, Kanye West and Kim Kardashian have apparently decided that they would like to have a prenuptial agreement drawn-up before they say "I do", which should be sometime soon if the groom can have his way. Individually, KimYe is worth millions, with the rapper's wealth pegged at $90 million and his fiancee, an estimated $40 million.
Sources close to the couple say, "Kanye and Kim are committed to the marriage and they are not signing a prenup because they're worried the relationship might fall apart." But being both business-savvy people and given their vast wealth, getting a prenup seems to be a smart thing to do for the future Mr. and Mrs. West.
Bride-to-be Kim K. knows all too well the importance of having a prenup, of having "clear contracts when it came to money," something that she learned from her late father Robert Kardashian who was a lawyer. Although she and West will keep their finances separate, they will apparently maintain a joint account from which husband and wife will draw their living expenses including that for baby North.
The said prenup will be drafted by celebrity divorce lawyer Raoul Felder who handled the divorce of former New York City mayor Rudy Giuliani and filmmaker Martin Scorsese. "This is not the mother of all prenups, but it's going to have to be pretty close," said Felder.