Times have changed. In the old days, a prenuptial agreement seemed to be the exclusive territory of a wealthy executive who left his family to marry his young secretary, or perhaps it was when two old-money families sealed a merger through the marriage of their kids. But in the era of duel income families and women working in every area of the job market at every level, a prenup may simply be the smart option for when couples decide to get married.
In a prior post, we highlighted how prenuptial agreements could be an important topic of discussion between couples who pledge to get married. As a matter of fact, prenups are becoming more common as apathy about the longevity of a marriage becomes prominent. According to a survey conducted by the American Association of Matrimonial Lawyers (AAML), sixty-three percent of attorneys surveyed indicated that they saw an increase in requests for prenups. Of those surveyed, 80 percent said that prospective couples wanted to protect their separate property.
We have all heard that divorce can be very expensive, but it doesn't always have to be that way. In fact, there are many money-saving techniques that can help cut costs during the divorce process, as a recent article from Fox Business explained. First, the article said that it is important to establish a divorce budget and stick to it. This will help prevent costs from getting out of hand when your emotions are running on high.