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Millennials more likely than others to draft prenuptial agreement

by | Apr 8, 2019 | Prenuptial Agreements

There is no way to predict the future, but there are certain steps a person can take to protect his or her interests before walking down the aisle. A Florida couple may find it beneficial to draft a prenuptial agreement in order to reduce the chance of complications in the event of a divorce in the future. Even more than previous generations, many millennials prefer to draft this type of contract before getting married.

Statistics indicate a growing number of couples are seeking to draft prenups, especially younger couples who fall into the category of millennials. People of this generation are particularly cautious when preparing to marry, regarding issues such as debt, property holdings and the potential for divorce in the future. Perhaps more than other demographics, this group takes a practical approach to the serious decision of getting married.

It is possible that one reason for the increase in the number of prenuptial agreements has to do with the fact that millennials tend to get married later. By the time many of them take this step, they may already have assets and savings they want to protect. Statistics also seem to indicate an increase in the number of women asking for prenuptial agreements.

Drafting a prenuptial agreement is not assuming that the marriage will end at some point in the future, but it can allow a person to move forward with confidence if the marriage does end unexpectedly. These types of agreements can offer protection for people of all income levels and demographics. It may help to discuss this type of contract with an experienced Florida family law attorney.

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