Prenups a Growing Trend for Baby Boomers

As this story on the Today Show explains, more and more Baby Boomers entering a second or third marriage are considering prenuptial agreements, aka “prenups”. 

The goal is to protect assets that the parties have worked their whole lives to build and to prevent legal wrangling if the marriage ends in divorce.  And, given that the odds of a divorce go up with each subsequent marriage, it is worth considering.

Each state has different requirements for prenups, so you need to consult an attorney in your area to have a prenup drafted and to fully understand the pros and cons of these agreements. 

 

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