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Changing attitudes torward prenuptial agreements

A prenuptial agreement has traditionally carried a negative stigma. In the past, some have felt offended if asked to sign a prenuptial agreement because they felt that the document suggested that a divorce was even a possibility. As time has evolved, however, so have attitudes towards prenuptial agreements. A prenuptial agreement is now considered to be a safeguard that protects each individual from situations they could have never predicted.

According to a survey of the American Academy of Matrimonial Lawyers, 63% of them felt an increase of prenuptial agreements over the last three years. Many reasons could suggest this increase. One such reason pertains to the economy. In this market, individuals must do everything to protect the assets that they have. As that economy slowly gets better, they are also protective of the new assets that they have worked so hard for. A prenuptial agreement allows individuals to protect their hard earned assets.

Public awareness of prenuptial agreements has also increased drastically. In these times, individuals are getting married at later stages in life, more than they had previously. These individuals have more to lose in the event of divorce. A prenuptial agreement allows these individuals to protect the assets that they have gained in their earlier years.

Prenuptial agreements have many benefits. They allow a couple to speak openly and honestly about the property that they already own. This can reduce conflict later in the marriage or in the event of divorce. The agreement can also help to avoid extended court proceedings in the future. A prenuptial agreement can further assign debt to an individual, so each person is protected from splitting the debt in the event of divorce.

Signing a prenuptial divorce does not mean that the couple wants a divorce to happen, or that a divorce will follow. It instead, protects each person from the unknown situations that may arise during the marriage. Prenuptial agreement laws vary by state and Massachusetts law can get particularly complex. Individuals considering a prenuptial agreement should contact an experienced legal professional in the state of Massachusetts in order to best protect their assets and their rights.

Source: The Huffington Post, "Divorce Court With a Prenuptial Agreement," Alton Abramowitz, Nov. 4, 2013

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