Prenuptial agreements are on the rise, says new report

30 Oct Prenuptial agreements are on the rise, says new report

There was a time when prenuptial agreements were considered “anti-love”; that only certain couples, usually wealthy ones, even needed to consider them; that the contract itself was an omen for divorce. That time wasn’t very long ago. In fact, as recently as 20 years ago, prenuptial agreements were relatively uncommon.

But that negative feeling surrounding prenuptial agreements has subsided. Many couples now realize the value of the contract. It relieves them of the stresses associated with divorce (because they talk matters out beforehand and get things organized before anything ever happens) and it affords them a security blanket regarding their assets. Prenuptial agreements are truly vital contracts that almost any couple should consider prior to marriage.

Indeed, it appears many couples are considering prenups nowadays. A new survey of members of the American Academy of Matrimonial Lawyers found a major increase in the number of prenups involved in divorce cases, at least from an attorney’s perspective. The survey found that 63 percent of lawyers noticed more prenups in their cases over the last three years. Combined with the fact that in 2010, a Harris poll found that roughly half of single people and divorced people surveyed thought a prenup was a “good idea,” it seems clear that we have reached a breaking point in the perception of prenuptial agreements.

These contracts can address a wide variety of issues — virtually anything you can think of. They can be mutually beneficial to the spouses, allowing them to enjoy their marriage without fearing a divorce.

Source: Huffington Post, “Prenuptial Agreements Are on the Rise, And More Women Are Requesting Them,” Oct. 22, 2013

No Comments

Post A Comment