Orange County folks may be interested to hear that a new survey conducted by the American Academy of Matrimonial Lawyers, known as AAML, found that 63 percent of divorce lawyers say there’s been an increase in prenuptial agreements over the last three years. Even more interesting is that 46 percent of the lawyers in the survey noted an increase in women asking for the prenuptial agreements to protect themselves in case ofdivorce.
As the real estate and financial markets continue to improve, couples planning to marry see the risk of sharing such gains in the course of a divorce. The lawyers who participated in the poll said the top three items people want covered in a prenup are alimony/spousal support, protection of separate property and division of property.
This isn’t the first time that a poll has indicated that Americans think prenups are a good idea. A Harris Interactive Poll taken in 2010 showed that 49 percent of divorced people and 44 percent of singles thought having a prenup was a good idea. Furthermore, 15 percent of divorced people indicated that they were sorry they didn’t have one.
It’s important to consider a prenuptial agreement, and a divorce attorney may assist an individual who is seeking one. An attorney may structure the agreement in such a way that it protects the assets the individual had before he or she entered into the marriage. A prenuptial agreement makes things easier if the marriage doesn’t work out. It may also reduce arguing over property and other assets since it was all agreed to prior to the marriage.
Source: Huffington Post, “Prenuptial Agreements Are on the Rise, And More Women Are Requesting Them“, October 22, 2013