According to The New York Law Journal, the number of couples who sign a prenuptial agreement before marriage has risen quite a bit in the last several years. Each couple may have its own reasoning for signing this document, but it is helpful to take a look at the factors that have likely led to an increase in prenuptial agreements. If you think signing this type of document is crucial, you need a lawyer with experience in this area, which is why you should come to Brian D. Perskin & Associates P.C.
High Divorce Rate
As the divorce rate has risen in the last several decades, more people are seeing why a prenuptial agreement is necessary. In the past, some would claim that you do not need this document if you simply stay married. However, that advice is not always realistic when about 50 percent of marriages end in divorce. Since this number is not likely to take a dive anytime soon, it makes sense to ensure couples are prepared for this common event.
Getting Married Later in Life
These days, many people want to go to college and start a career before settling down. This has led to many people waiting until they are older to get married, which means they may already have a retirement plan, savings account, and house that they do not want to lose during divorce. Plus, people who have gotten divorced already are remarrying. Not surprisingly, they probably already have a home, one or more cars, and children to take care of. In order to ensure their kids benefit from their money, and that their hard-earned cash does not get split evenly, such people are likely to sing a prenuptial agreement.
It stands to reason that more people than ever are signing prenuptial agreements since more people are now eligible to get married. Once states like New York and Massachuetts legalized gay marriage, same-sex couples were given the option to sign prenuptial agreements like any other couples planning to get married. After all, gay and lesbian divorce is now an option, too. Though this change may not have a substantial impact on the rate of people signing this type of document, it does add to it. In fact, our firm has experience creating gay and lesbian prenuptial agreements for clients.
If you think the benefits of a prenuptial agreement are obvious, you are clearly not alone. The importance of this type of legal document is apparent to more people than ever. If you are interested in signing one, or want to know more about how it can protect you, call Brian D. Perskin & Associates P.C. We have more than 40 years of legal experience, and during much of that time, we have been making legally binding prenuptial agreements available to interested couples.