Pre-nuptial agreements used to be most common among couples from wealthy families or people entering their second or third marriages, but they’ve become more popular among millennials, and not just for determining potential post-divorce finances.
According to recent reporting in the Wall Street Journal, some millennials are using pre-nups to negotiate post-divorce issues like who gets saddled with debt, what happens to pets, social media posting and ownership of embryos. The WSJ piece cites that many young people now are children of divorce who’ve seen first hand the messiness of separation, which may contribute to the rise in prenups.
If you’re a millennial who has gotten or is considering a prenup, why and how did you determine your arrangement? Call us at 866-893-5722.