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Wheaton, IL 60189
The Stogsdill Law Firm, P.C.
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Naperville divorce and child support lawyer

Prenuptial agreements tend to get a bad reputation. A person may feel that a request to sign a prenup implies that one partner makes the majority of the money, and signing a prenuptial agreement may make it seem like a marriage is expected to end in divorce. However, a prenup does not necessarily have negative implications, and it can provide a number of benefits for a married couple. As people in the Millennial generation get older and begin to get married, they are agreeing to more prenups than previous generations. According to a study published by the American Academy of Matrimonial Lawyers, 62% of attorneys surveyed have seen an increase in requests for prenuptial agreements in recent years, and 51% of attorneys said that the numbers of Millennials requesting prenups has increased. Why is this the case? There are a number of possible reasons:

A Closing Wage Gap

According to the study, more prenups are now being requested by women. This may be due to the fact that women are climbing the career ladder in their fields and making more money, and they want to be able to protect their assets. In 2018, the pay gap between the genders closed to a 4.6% difference. As more women become equal earners or the primary breadwinners in their households, prenups may be used to ensure that they will have financial protections. A prenup may also be used to protect spouses’ rights to spousal maintenance (alimony). This can be a good safety net to ensure that if a divorce happens, spouses will be able to maintain financial security.

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