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How prenuptial agreements make life easier

| Aug 13, 2020 | Premarital Agreements

Prenuptial agreements have long been something that North Carolina couples shied away from before marriage. Whether they thought that these documents were only for the rich or they just did not want to talk about money, they left an opportunity to protect their assets on the table. People with assets need to know the benefits of a prenuptial agreement.

Millennials are the ones leading the charge when it comes to the more widespread acceptance of these agreements. Millennials are waiting until later in life to get married. As a result, their bank accounts are bigger, and they want to protect their assets. In addition, many millennials saw their parents fight over money during their divorce and want to avoid the same fate for themselves. They realize that a prenuptial agreement can spare them from the stress and expense of a bitter divorce.

More lawyers are reporting an increase in the number of their clients who sign prenuptial agreements. In general, Americans have spent years reading about sky-high divorce rates in this country. They are now losing the negative opinion that they previously attached to prenuptial agreements. These days, more couples understand that they will need an agreement before marriage. This gives them some peace of mind if the marriage is not successful by deciding ahead of time how the assets will be divided.

A person who is contemplating marriage may want to consult with a lawyer to learn more about the benefits of prenuptial agreements. It might be difficult to negotiate this agreement without the help of a lawyer because negotiating directly with a prospective spouse could hurt the relationship. The lawyer may make this process easier by handling the negotiations and drafting of the agreement themselves. This may help make their client’s future much more predictable.