Going through a divorce in North Carolina can be one of the most difficult, traumatic events in a person's life. While the physical and psychological stresses of divorce can be enough in some cases to seriously impact a person's experience, the financial potentialities can bring on significant unwanted life changes. Prenuptial agreements and postnuptial agreements can operate to protect the parties from financial shock during and after divorce, but they require a bit of planning beforehand.
Prenups, postnups useful divorce planning tools
Protecting business interests with a prenuptial agreement
Prenuptial agreements have a better reputation today than they did a decade ago. It's becoming increasingly common for couples planning to tie the knot in North Carolina to explore their options with a prenup. This document can spell out who owns what before the "I dos" are exchanged.
Prenuptial agreements more common among millennials
Millennials in North Carolina are becoming increasingly likely to ask for a prenuptial agreement. This is according to a survey of the American Academy of Matrimonial Lawyers (AAML). Of those surveyed, 51 percent said that they saw an uptick in the number of people between the ages of 22 and 37 asking for such an agreement. There are many reasons why this is the case, and one of them has to do with people getting married later in life.
